2min chapter

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#407: Sam Zell — Strategies for High-Stakes Investing and Dealmaking

The Tim Ferriss Show

CHAPTER

What Inning Are We In?

I think it's very likely that we will continue to bounce along till the beginning of 21 and maybe even for longer. Because, in effect, the central banks don't have the tools with which to defend themselves. Therefore, they have to keep the process benign. And as you see here, we are in what's supposed to be the eighth or the ninth inning, and instead of the fed raising rates, lowering rates. That's the weird thing, isn't it? It's sort of like having a fire department that's low on water.

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