51sec snip

Top Traders Unplugged cover image

GM53: The Misdiagnosis of the Global Economy ft. Dario Perkins

Top Traders Unplugged

NOTE

The Importance of Plausible Deniability in Managing Inflation

In order to maintain plausible deniability, central banks prefer higher inflation. They would rather tolerate a slightly higher inflation rate than engineer a recession to bring it down. Therefore, if inflation is at 3% and the economy is growing, they will be okay with it.

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