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Mark Gorman's avatar

Very interesting analysis of the effect of interest rates on the current inflation. See also Lyn Alden’s latest article at lynalden.com for a similar argument that is a bit more accessible for us non-econ majors.

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Alex E.'s avatar

Good analysis...Again, being patient takes some Discipline, something the Markets have never mastered...It's going to be an interesting 2nd half indeed...

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