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MacroVoices #360 Viktor Shvets: Inflation, Interest Rates, Equity Outlook & more

Macro Voices

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Do We Need to Destroy Demand?

If my view is correct, that we do not have any problem of embedding inflation in a labor, goods or financial markets, inflation will fall off. That opens an opportunity for policymakers to balance gross versus inflation much more constructively than what they otherwise would have done. So that's one area why I don't believe we need to destroy demand. The other area is the fact that there is really no systemic fractures right now in our financial system.

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