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Recession Cancelled? | Macro Monday With James Lavish, Dave Weisberger & Mike McGlone

The Wolf Of All Streets

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The Importance of Inflation

The single dumbest thing that the US government has ever done was initiate the stimulus checks. It took decades of inflation and assets, not in consumer goods, and immediately focused it all into consumer goods and services. And so when Mike talks about what he, you know, very eloquently describes the removing liquidity from the system, it's not because they want asset prices to go down. They just don't care if it happens.

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