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Daily Archives: January 27, 2023
The Cure for High Prices is… High Prices. Team Transitory Winning After All.
This whole inflation episode has two competing narratives. Only one can win. It is looking more and more like “Team Transitory/Real Economy” is going to crush “Team Money Printing/Fed-Uber-Alles.” The PCE inflation, consumption, and GDP numbers all point in that … Continue reading
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