Escape Velocity with Lacy Hunt
The ACID Capitalist Podcast
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The Inflation Rate Is Not Responding Very Quickly
The influence of money is not just from its cyclical peak. You have to look at it in relationship to the long term trends. The two liquidity mountains of the early 70s and the mid 70s were really not reversed on a business cycle basis until the early 1980s. And we see money supply growth peaking around about I want to call it there's 1975.
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