Jeff Currie, Goldman Sachs - Why ESG May Make This Commodity Supercycle Different From Past Cycles | #445
The Meb Faber Show - Better Investing
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The Revenge of the Old Economy
The world's low income groups control all of the volume, just sheer by sheer numbers. So if you have policy shift towards favoring lower income groups, you're just going to get more volume,. metric tdemand that's what creates bull markets and commodities. That's what creates inflationary pressures. We've seen this before. What was the 19 sixties? It was the nifty 50. It was the new economy then. And we saw this in the 19 nineties it was the dot com boom. This time, instead of the dot com bloom, it was the fang bloom taking all the capital from the exons of the world. Then along came the covid surgeon demand and exposed
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