MacroVoices #344 Alex Gurevich: A Deflationary Depression Lies Ahead
Macro Voices
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Energy Is Fine as a Result of Monetary Policy of 2020 2021
I don't even call what's happening inflation because I agree with you and I agree with them the tools almost work backwards. Think about what happens if you raise interest rates it becomes all the harder to step even for a new drilling venture. There is less dollars to pay for everything so people need energy not there are certain energy needs which I love more elastic and certain less elastic as we're seeing today.
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