#17: Kiril Sokoloff on Identifying the Next Big Thing
Superinvestors and the Art of Worldly Wisdom
The Importance of Inflation in Japan
Japan is really the laboratory for demographics, declining population, and wage increases. This is a country that has had absolutely flat wages since 1996. So deflation has become very embedded in their mindset. If we get inflation in Japan, it will have monstrous significance for the rest of the world. We need to worry because the nuclear winner, you can't make any money, that's the great risk.
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