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The Importance of Transforming the Problems
The last decade of relentless you know race to the bottom in interest rates and increase in liquidity what is done is created these bubbles that by now are too big to fail. We're caught in this situation where the normalization of monetary policy is science fiction, he says. The only way out is going to be transforming those those bubbles into obviously inflation and as a byproduct inequality according to Ben Bernanke.