MacroVoices #377 Daniel Lacalle: On The Road To Stagflation
Macro Voices
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The Risk of Inflation Coming Down Again
Daniel Treisman: The picture for inflation is of small decline, but still persistent and elevated levels of core inflation. He says central banks are basically doing one thing and the opposite at the same time. Treisman: We might escape a recession, but we're not escaping stagnation. But just in case, why don't we touch on gold and how that fits into the stagflation story?
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