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Persistent inflation is likely to occur, disproportionately harming the middle and lower classes while creating financial bubbles.
“My worry is that it's here and it will be persistent. And inflation comes in two ways. Way number one is if you massively increase the supply of money.”
The All-In Podcast · Oct 2021 · 1 episode · 154K views on this topicExtracted by a model; may misattribute who said what.