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The Myth of "Greedflation" (CLIP)
2 years ago
4
Nate and Chuck enter into evidence the difference in corporate profits in the early 2000's and the growth in the M2 money supply vs. GDP.
NOTE: Nate says "corporate profit margin" several times. The graph and numbers used are "corporate profits as a percentage of GDP." It doesn't change the substance of the argument, but we wanted to make the correction.
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