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How inflation in the 1970s brought us to our current situation - and what we can do about it

The David McWilliams Podcast

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China and the Cultural Revolution in the Sixties and Seventies

Mok. E, that was also a miscalculate, also miscalculation. So russia buys itself another let's say, of the sovit union, another ten years of its existence. And then you have the chinese opening up, which means that the world is put on a totally different trajectory. Then what happens is the first clank for the anglo sphere is, we need to get rid of inflation. The west stamp out inflation by pushing interust trats up to 20 % in the us. People can't get their heads around as mass r o 22%. They pekued at 22% market intrestrates in the united states. But what

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