MacroVoices #345 Daniel Lacalle: The Situation in Europe is Worse Than You Think
Macro Voices
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The Concept of Lessons Learned
consensus estimates of inflation which as they always do are rapidly estimating a decrease to around 2% by next year is that in order to get to that level one would need to look at the individual prices that comprise the CPI basket. If the governments all over the world and develop nations as you're mentioning what they're doing to combat inflation is to spend more increased deficit spending, he says.
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