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TIP472: Inflation Masterclass continued W/ Cullen Roche
We Study Billionaires - The Investor’s Podcast Network
QE - Is a Treasury Bond Money Like?
In a traditional economic model, QE looks like it should be inflationary or even hyperinflationary. But from a basic household perspective, all the household did was exchange the composition of its assets. And so that's why I was much more worried about inflation coming out of COVID than I was with the financial crisis because of the treasury's humongous response.
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