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MacroVoices #344 Alex Gurevich: A Deflationary Depression Lies Ahead

Macro Voices

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Is Fiduciary Policy a Good Thing?

Britain and Europe are somewhat inflationary but I do from now we will think of it as a good thing, not as a bad thing anymore, that's my central view. Do you think fiscal policy that gives money to people that in my opinion undermines the demand destruction objective that they should have is good policy? "I can't possibly say how it could be good policy if you have my inflation view," he says.

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