Thursday, November 11, 2021 8:47:04 AM
The Professor is spot on. Note what he says about how long the inflation is going to last because of all the excess money already in the system. A couple of years at least. When the stock markets crash they'll have to throw trillions more fiat at the problem to try and reflate the bubble. We'll see TEMPORARY DEFLATION until the trillions more of fiat bring on hyperinflation later. I think that's where this is going and it won't be pretty.
This is a great interview. The Professor should be running the Fed.
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