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BCB071_LUKE GROMEN: You Can’t Print Energy

Blue Collar Bitcoin

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Is There a Need to Reduce Demand to Fix the Inflation Problem?

The underlying fundamental problem here, besides the fact that we've just printed money into an oblivion state, is that we have a scarcity of resources. And nuclear energy is clearly the cleanest and best source of energy that we've invented thus far. I can't decide what it's from when I hear guys like Larry Summers or guys like Bill Dudley talking about needing to reduce demand to fix the inflation problem rather than investing in supply.

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