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What is Inflation? What EVERYONE Gets WRONG
#deflation #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #jobs #employment #unemployment #supplyshock
People hate the word "transitory" because they naturally believe a couple years wouldn't qualify under it. Yet, supply shocks historically take that much time and the current one we are experiencing is following that pattern very closely. What matters now, however, is what comes next. The data not only confirms the supply shock, it also holds a serious warning as to that next step.
Eurodollar University's Money & Macro…
The skinny
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