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We're at a Secular Turning Point on Inflation
Inflation is a cyclical problem, coming from the man who founded and ran the secular forum at pimco. But indeed, i think this could very well be a secular reversal on inflation,. Looking out over the next ten to 20 years, the predominant tail wind in our economy should likely be inflation. So i think we are at a secular turning point on a whole bunch of fronts.