Escape Velocity with Lacy Hunt
The ACID Capitalist Podcast
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Are We Going to Have a Downturn?
"We had a profound and crazy fiscal response to try which created supply mayhem," he says. "Now we're seeing the consequence. We fucked up the supply system." The 99% of people who are not getting wage increases, whose bills are up here, is 'a cost of living crisis' He adds that markets are not linear in outcomes; when you have lines, they get broken. And this is where this is the anarchy of uncertainty.
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