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This has only happened one other time in history...

This has only happened one other time in history...

Episode 703 Published 2 years, 2 months ago
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Sign up for our free February 19th Presidents' Day Webinar. Visit our webpage for the details:
https://www.eurodollar.university

There are a lot of parallels now and the 1970s - and inflation isn't actually one of them. The whole world saw recession coming in 1979, even that vast majority of those on the FOMC. Except, there was no recession in '79. It's what leads up to contraction that matters, not when it finally gets noticed. 

Eurodollar University's Money & Macro Analysis

Twitter: https://twitter.com/JeffSnider_EDU

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