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The Transition From COVID to the GFC
The difference between COVID and the, the GFC was that the government spent a hell of a lot more money. Everybody called it money printing. And at the same time, the government is basically saying, stay home, don't work, don't make anything. Here's a bunch of money. So it was like,. you know, inflation 101 where the government prints a ton of money...and here we are.