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US China Cold War Heats Up, SEC Sues Coinbase | Weekly Roundup

Inflection Point

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The Cure for High Prices Is High Prices

The idea is that the credit impulse, which is essentially an economy's willingness to spend and engage in economic activity, ttends to lead commodity prices by 12 months. China started this about a year ago. Economic growth is faltering. Fiscal stimulus plans getting rained in monetary stimulus. This is going to be very painful, painful drawdown, absolutely.

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