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Shift in Economic Dynamics and Wealth Distribution
The chapter explores the changing landscape of accessing high-value information through platforms like YouTube and Instagram, shifting away from legacy media. Predictions are made on interest rates, inflation, and their impact on mortgages in the US and UK economies, with uncertainties surrounding the targeted 2% inflation rate. Discussions further delve into the consequences of economic decisions during the pandemic, the distribution of wealth, and the rising inequality shaping the economy.