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There was a Planet Money podcast in the spring that went into this in more detail. I don't have all the details on full recollect but I think the gist was that in the past, he grew up where interest rates were too high for small business to grow or access capital. He saw these small business have to raise prices to create capital or shutdown because of no capital and has locked in this perspective. He is all in on easy money for businesses to grow is key to preventing inflation. But obviously he doesn't get the part of too much money chasing limited supply.


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