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#47: David Hay On Balancing Risk Management With Timely Opportunism

Superinvestors and the Art of Worldly Wisdom

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The Fed's Mistake in Failing to Address Inflation

The Fed will just keep circulating these immense amounts of money into the system until something stops them. I don't see what will stop this thing. My biggest fear is it's not going to be a matter of inflation going to 4 or 5% of its inflation going to 10 to 15%. Now, not overnight, but yet it can happen pretty quickly.

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