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John Porter: Here Is How The Next 6 Months Will Look

The Macro Trading Floor

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The Economic Parallels of the 60s and 70s

We had artificially low interest rates in the 1960s and we had qe in the period of 2010 through 2020 so these deficits were actually funded by monetary creation. linden johnson could not raise taxes because that would have not gotten him elected but at the same time he couldn't cut expenditures as his entire legacy was known as the great society which entailed a tremendous amount of social spending. The supply shock in 1973 by opeck repeated in 78 raised oil prices significantly and here we honestly had russians invasion of the ukraine which also raisedoil prices significantly.

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