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Agree. His velocity argument....I get it.

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SeaBlue   Thursday, 01/14/21 09:00:25 AM
Re: Implanting post# 14607
Post # of 16541 
Agree. His velocity argument....I get it. It makes sense, but you nailed the obvious flaw in his argument - with almost no velocity due to the pandemic, we still have inflation in various sectors - healthcare, food/groceries, education, construction supplies, etc. The Schiff/McLeod argument rings more true to me.

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