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Unhedged

Guns and butter and credit

15 min7 april 2026

Economists often compare today’s era to the 1970s, when oil prices were high and inflation was looming. But there is something to learn from the 1960s, too. Today on the show, Rob Armstrong and Hakyung Kim discuss “guns and butter”, and the state of consumer credit. Also they go short flights to Europe and short AI glasses. 


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You can email Robert Armstrong and Katie Martin at [email protected].

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