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TIP488: Current Market Conditions W/ Richard Duncan
We Study Billionaires - The Investor’s Podcast Network
Are We in a Recession?
A lot's happened since our last discussion, which I believe was in February or March timeframe and years. We need 2% credit growth after inflation to not go into a recession. That's what we discussed on our last episode. After a dollar ceased to be backed by gold, our economic system changed,. It started being driven by credit growth.
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