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Ep. 677: Mark Blyth Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Rise and Fall of the USSR

In the 70s and 80s, interest rates were at their lowest in decades. This was done to counter a combination of inflation and unemployment that seemed to discredit Keynesian models. The one thing you don't want coming back is mass unemployment; then people turn fascist. So governments put finance in a box to stop cabaros seeking its high for turn internationally.

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