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#689 Bitcoin Mining Deep Dive w/ Nic Carter

The Pomp Podcast

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What Is the End of Higher Inflation?

Inflation ended in the seventies when paul volker cranked up interest rates to like 20 %. That is caled the vulcar shock, and that the economy into very steep rocession. And so i think really the only way this ends is after a sustained, long period of very low interest rates and high inflation. But it's going to be a damaging and difficult sort of couple decades.

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