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Warren Buffett's Comments on the Energy Transition
In Japan, like if the bank in Japan, if they allow the yield curve to either shift higher or let the long end go up, it could attract a lot of money connection. Warren Buffett admitted that he reads my sub stack because he was basically talking about the energy transition and how it's a total waste of money. We had an incredible sort of over egg system on the fiscal side,. whether you strip out the federal reserve balance sheet,whether you strip out excess reserves... I don't really have a clear view but we're having a contraction inmoney supply growth.