MacroVoices #307 Viktor Shvets: Inflation is still a pendulum but will eventually yield to disinflation
Macro Voices
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Cobbit Hasn't Changed the Policy Setting
A global financial crisis altered the essence of our policies. So yes, cobbit is an event. It's a major disrupter, but it hasn't changed the policy setings. From now on, people must recognize that from now on, things like universal basic income guarantee is a mast. We have not yet reached the stage of embracing m m t as a way for paying for all of this.
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