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No Capitulation Necessary
The Compound and Friends
The Fed Is Not Printing Oil Wells
The price level in general is not coming back down the burger at your local restaurant That was 14 and is now 18 is probably not going back to 14. The Fed has looked at this in a number of private sector indicators have looked at this Subsequent we know this story. This is not anything new, but subsequent to COVID we gave everybody a bazillion dollars a hundred different ways and they started buying stuff because they couldn't do things.
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