Lyn Alden on Bitcoin, El Salvador and the Unprecedented Macro Moment
The Breakdown
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Inflationary Response to Fiscal Spending After the Great Financial Crisis
Inflationary response to fiscal spending, as opposed to the first round of ce. What is different, or what has been different, about this sort of inflationary response? We're kind of in the same cycle where the 20 twenties, unlike the globl finenta crisis, we had minimal loan losses. And basely just expanded the money supply to prevent insolvency.
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