Escape Velocity with Lacy Hunt
The ACID Capitalist Podcast
00:00
The Dollar Winning in the 1970s
In the 1970s, you had the largest decline in the dollar in modern times of almost 40 percent. In Japan and China, money is turning over less than 50 cents a year. The velocity of money picks up these influences as it pertains to the US economy. And so I'm very fearful about what happens next.
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