The Exorbitant Burden with Matthew C. Klein
The ACID Capitalist Podcast
00:00
The Game of Volker
I believe the inflation of the 70s was could be explained really by kind of vector change in the activity of the Eurodollum market. That we were being left with a kind of higher plateau of those prices and plus what we're taking very, very restrictive monetary policy once more. And so again, we're being put that 18, that cumulative deficit versus trend is if anything is going to get worse with what's happening.
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