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This Article is From Oct 25, 2021

Dan Alpert on the Big Difference Between Now and the 1970s

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Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Official inflation measures in the U.S. remain elevated and so, of course, this has a lot of people thinking about the 1970s. Not only was this the last time the U.S. had a sustained period of high inflation, it was the period during which many of today's policymakers really started to form their views about managing the economy. On this episode, we speak with Dan Alpert, a managing partner at Westwood Capital and a fellow at the Cornell Law School, about his new report on inflation risks, and what he sees as false comparisons to the 1970s.

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