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DISRUPTORS: Demand Destruction and the Exponential Age With Raoul Pal

The Delphi Podcast

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Negative Real Rates Aren't the Boggy Man That Everyone Makes Them Out to Be

negative real rates aren't necessarily the boggy man that everybody makes them out to be, he says. But what does it do? It forces you to buy assets. The only two things i've found that have out performed the fed balance sheep over since they started usin it in two thousand and eight is nasdack. That's a metcalf's law adoption model. They're very different. Tton minucs: I'm not sure that the rate of change needs to go expedentialt that it increases inflation.

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