Episode 703
This has only happened one other time in history...
February 18, 202419m 2s
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Show Notes
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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
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Topics
Eurodollar UniversityJeff SniderMonetary OrderCentral BanksAlhambra InvestmentsInflationDeflationEconomyDepressionRecession