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With Inflation at 40-Year Highs, How De-Russianization Has Changed the Narrative

The Breakdown

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The Corona Virus Pandemic

In march 20 twentyeth he predicted inflation would hit five to ten % in 20 21 and stay. Effectively, goodheart argued that the low inflation we had experienced since the nineties wasn't really about smart central bank policies. His sum prediction is that inflation in advanced economies will settle between three and four % and stay there for decades. He may be right. I don't really know. What i do know is that he's 85, and he's not fighting the same political fights that everyone else is hearing.

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