Brent Johnson of Santiago Capital tweets, “If you believe additional QE is on the way, you are secretly a deflationist. And if you believe in the taper, you are secretly in the inflation camp.” What does he mean by that? Also discussed in this QuickHit episode:
- What are the considerations around inflation this time?
- “Negative velocity of money.” What does that mean?
- Why are banks not the transmission mechanism that they should be?
- How China plays a part in the world economy?
- How long will the supply chain issues will be resolved?
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