One more surge, one more bout of QE (E1739)
Max and Stacy compare the situation in Afghanistan where the US failed to secure ‘victory’ after 20 years and US monetary policy where the strategy is similar: ‘One more bout of QE’ is the ‘one more surge will gain us victory over the enemy forces’ – be they Taliban or deflation. In the second half, Max chats to Wolf Richter, publisher of WolfStreet.com, about the inflation mindset and supply chain chaos.
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