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17min chapter
Danny Dayan: Reacceleration Risk Threatens Bond Market, Demographics In U.S. Are Inflationary (Not Deflationary)
Forward Guidance
Demographics and the Impact on the Economy
This chapter explores how demographic changes, such as the transition of baby boomers into retirement and the rise of the millennial generation, affect the economy. It discusses the effects on spending patterns, productivity, housing demand, and inflation, highlighting the shift from demographics being seen as deflationary to having a positive impulse on inflation.
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