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Will Janet Yellen Pull the Trigger? | Andy Constan
Forward Guidance
The Risk Premium of Inflation
Andy Cevallos: I think most of the monetary shocks have already been priced in. He says if inflation is running at 8% a year, you do have to deploy that risk into physical goods such as commodities and tips. But he believes there are some basic drivers of inflation where the ability for people to borrow could be one reason why we had quantitative easing during the crisis.
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