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Supply Shock
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Exploring Macroeconomics and the Possibility of Deflation
The speakers delve into various macroeconomic topics, discussing inflation, deflation, and their recent '10 surprises.' They analyze the current state of inflation in the US, highlighting the impact of rent, used car prices, and oil prices. They also discuss the contraction of money supply growth, the relationship between deficit spending and money supply, and express concerns about cronyism and the gerontocracy in politics.
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