A theme song for your column.https://youtu.be/DrUB0g8Vjgg
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Steve Moore and I agree. The Fed needs to increase total world USD liquidity until either the CRB Index rises to 238 (from 134) or the 5Y UST-TIPS spread rises to 2.50% (from 1.15%).https://thehill.com/opinion/finance/504079-time-to-act-now-before-deflation-destroys-the-economic-recovery …
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Thanks, yes I had read it. Inspired my own tweet on the RBA today!
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Likely not as big mistake. The situation, however, is more drastic... https://thefaintofheart.wordpress.com/2020/06/26/recession-recovery-is-a-rebound-likely/ …
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