
MacroVoices #292 Russell Napier: Knock-on Effects of Secular Inflation
Macro Voices
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Is That a Realistic Szenario?
I don't think equity is going to get to an infinitely high number because the nominal growth rate keeps going up and this time we have still come up. But I can't see either of these control of interest rates because they control the saving system. That's what financial regression is, red and tooth and claw. And that's what we have to expect. So really everybody including me, I've been in the markets for over 30 years. What have I seen? The world of more markets in those governments,. at least in to the 10 years ago. It's accepted for the next 30 years as more government in the last market. We're seeing inflation but guess what's not happening?
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