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Chris Bloomstran - An Update on Public Markets - [Invest Like the Best, EP.171]
Invest Like the Best with Patrick O'Shaughnessy
Deflate Versus Inflation - Is That the End Game?
The Fed has pumped $2 trillion into the economy in recent months. The money supply is expanding, but it's not being used to create jobs or grow the economy. John McCaffery: At higher and higher levels of unbalancing federal debt, the incremental use of debt starts to produce diminishing returns where it's not effective. And so that's deflationary. So the answer then becomes, and i think you're right, the end game,. the end game is inflation....
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