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Can we hit a Soft Landing? ft. Joseph Politano
The New Liberal Podcast
The Last War - The German Central Bank Influence in Europe
I blame the Germans. I think the Germans have this almost like intrinsic, deep psychological, sociological thing in their culture about high inflation that they just can't stomach it. And so that's what you see the European bank raising rates when their economy is still clearly depressed. But coming back to 2020, so you had this big deflationary shock. You had governments around the world spending a ton of fiscal resources sent to households and businesses to insulate them from the shock.
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