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MacroVoices #341 Jim Bianco: Inflation Is Not Going Away
Macro Voices
Commodity Markets Are Going to Get Funded
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The bond market also has something that the stock market doesn't. It's senior in the capital stack, which means the bon market's going to get funded. If you're trading commodities or stocks, without those unding costs staying at reasonable levels, then the stock market, commodity markets and everything else will be in constant turmoil.
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