
Diego Parrilla On High Inflation, Anti-Bubbles and the Problem with Stop Losses
Macro Hive Conversations With Bilal Hafeez
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The Frogs in Boiling Water
"We're all frogs in a monetory broth, and that tary brogt the temperature's been increased at an official rate of two % per annum. The frog would jump for two reasons: Either because they feel the temperatures reason significantly," he says. "And most worryingly, it's because the expectations that the temperature will continue to grow."
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