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J.P. Morgan's Dr. David Kelly on Why He Believes Foreign Stocks Are Attractive, Inflation Will Subside, & The Debt Ceiling is a "Doomsday Machine" | #463

The Meb Faber Show - Better Investing

CHAPTER

Inflation

The connection between the growth of money and inflation has broken down for decades. What really happened is you had the pandemic, which restricted supply,. Then you had the policy response, which ballooned the budget deficit. And so we had lots of spending power with nothing to buy. That's really what kicked off this inflation.

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