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Podcast: Beyond Currency
Episode: 26 July 2021 - Pingdemic fuels conspiracy theories
Description: One week on from Freedom Day and the ‘pingdemic’ continues to draw criticism, fuelling conspiracy theories of lockdown by proxy.
The economy is performing well and the recovery is progressing nicely, but inflation is above the Government's target and creeping higher, so there is already reason to start tapering support, but with the global recovery fuelled by printing money, Central Bankers seem reluctant to be the first to turning down the money taps.
The FOMC meet this week. Since Powell formally put tapering on the agenda, we can expect discussions to mirror those reported from most Central Bank meetings. Inflation will...