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Ep. 447: Ben Hunt Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Effects of Negative Interest Rates on Currency Value

Ruben Navarrette: You either need to avoid the competition entirely, not have a debate. Right? Or you have to fight fire with fire. And then that's what's going on internationally as well. So one country adopts negative interest rates, which is an extremely effective way of devaluing your currency. The currency flows will move towards those countries, which offer a higher rate of interest for these short term securities.

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