Behind The Markets Podcast: Matt Topley
Behind the Markets Podcast
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Do You Think Forward Inflation Is Going to Be as High as It Used to Be?
The real rate of interest has gone way down and is trending downward. Which means that the nominal rate of interest does not have to get as high as it used to be to squelch the economy a soh. I think right now we're above neutral a for a two % rate of inflation. But you don't have to getting as high as you used to, because real rates have sunk. And you can be tighter.
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