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

Superinvestors and the Art of Worldly Wisdom

CHAPTER

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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