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The Psychology of Secular Inflation
Vincent Cevallos: The fundamental driver of secular inflation right now is an insidious increase in our collective preference for the present. He says we've lived in a period where people have been winning to fund longer ventures, willing to take risks. And it strikes me that we have this mentality of, you know, people who want things in the here and now. Vincenzo: I think COVID acted like a little bit of a wake up call of people, great resignation.