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The Energy Bull Market Just Started
The Compound and Friends
Is There a Tolerance for Inflation?
Seven out of ten republicans think we're in a recession now. But i do think we have a greater tolerance for inflation, because no fetis ever talked about minor unemployment. And the way you deal with that is you have negative real rates, and you allow inflation to gradually erode the value of what you owe. If we all know it's going to be three and a half, we can plan for that.
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