Raoul Pal on The Exponential Age and the Everything Code: AI, Crypto, QE and Beyond
Raoul Pal: Real Vision
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The Impact of Quantitative Easing on Asset Prices
Growth rate of GDP since early 2000s had fallen to about 2%. And interest rates were about 2%. So what happened is there's not enough money to pay the interest. People have been expecting quantitative easing to be an inflationary process, but they don't. The scarce supply things get readjusted in price when you lower the perching power of currency.
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