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Keeping it Simple | Ep. 20: Secular, Cyclical... it's all a fubar fugazi!

Keeping it Simple with Simplify Asset Management

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Harley, I've Never Had a Fed Step In

I've never seen the inflation right sideways Harley maybe tell me a period of time that happened. So like I'd love to know an explanation of where we how we get to 4% and stop so for example Harley. Let's say if we just use our our GDP equation of nominal GDP is equal to money times velocity right? Why is that well the Fed has slowed money growth to negative 2% and the secular conditions preclude velocity from rising enough to offset negative money growth. And I think it's not that the Fed doesn't stimulate monetary aggregates to 2010 30%. How could you get inflation to stick at 4%. My thinking in the end of the day is just we have a labor problem

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