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Interesting observation with similar implication: if all assets are up except for fiat “small caps”, and the traditional inflation hedge is head and shoulders outperforming all else... it means #stagflation has arrived. https://t.co/MIraW3ogVM https://t.co/Y6QUbOiX4w

July 02, 2020 at 05:53PM
https://twitter.com/TuurDemeester
The assumption of central banks has been that cheap credit will lead to more consumption and business expansion. Borrow-to-speculate and borrow-to-stack throws a wrench in that story. #stagflation https://t.co/RlmG434TYA

November 19, 2021 at 06:30PM
https://twitter.com/TuurDemeester