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MacroVoices #335 David Hay: Why US Energy Prices Can Rise Even In Recession

Macro Voices

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Are We in a Recession?

As recently as march, the fed with still printing money. They're trying to do t right now with the inverse of c e. So c ee is when the balance sheet expands and C t is when it contracts. But boyits they're certainly not moving at warp speed when it comes to shrinking the balance sheet. It doesn't seem to me that there's any realistic plan to ever actually cut back on their spending.

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