MacroVoices #331 Jeff Snider: The Eurodollar Curve Says Deflation Not Inflation
Macro Voices
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Oil Prices Continue to Move Higher Regardless of Inflation or Stagflation
"I think the recession is coming. I think that that has to pull a lot of the the wind out of the sails of crude oil, so to speak" "If you have to pay a lot for oil prices, absent money printing, absent credit growth, then what's going to happen is that's going to rob from other sectors of the economy," he says. 'That's even worse than we faced in the two thousand tens of thousands'
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