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1 month ago

in Melissa Francis Takes On Deutsche Chief Economist, Epic Fail Ensues on Zero Hedge
She's wrong to say weak dollar causing higher oil is inflationary. (She at least appears to understand that higher oil, and a higher CPI, are not necessarily caused by inflation. ) With a stable money supply, a weak dollar could be a short-term phenomena, but in the long-run the price of the dollar and oil would revert. People get hung up on thinking depreciated currency=inflation. It does in the long-run, but in the short-run psychology drives the market.

1 year ago

in What’s the Frequency Lakoff? on Will Wilkinson
Do liberals really have lower purity and disgust levels? What about things like pesticides or oil companies that elicit religious levels of disgust?
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