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Decoupling Is Going to Be Wildly Deflationary in the Short Term

John Avlon: There was an interesting tension between Biden and his treasury secretary, Dr. Janet Yellen over this issue. He says it's fair to say that decoupling is going to be somewhat inflationary in the short term but will be wildly deflationary in the mid-to-longterm. Avlon: We've gotten used to the cheap is better, cheaper, you know, drive down consumer prices. That paradigm is tapped out, but it doesn't solve the problem of the next few quarters and years for working people.

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