One more surge, one more bout of QE (E1739)
Published 21 Aug, 2021 05:41 | Updated 21 Aug, 2021 10:13Max and Stacy compare the situation in Afghanistan where the US failed to secure ‘victory’ after 20 years and US monetary policy where the strategy is similar: ‘One more bout of QE’ is the ‘one more surge will gain us victory over the enemy forces’ – be they Taliban or deflation. In the second half, Max chats to Wolf Richter, publisher of WolfStreet.com, about the inflation mindset and supply chain chaos.
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