#33: Bill Fleckenstein On Profiting From Central Bank Mistakes
Superinvestors and the Art of Worldly Wisdom
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The Power of Inflation Psychology
Inflation is probably not 2%. It's such a bastardized calculation of inflation. So the mindset has been, you know, just as powerful in the other direction that it can't possibly happen. I hear people yapping about deflation all the time. That's why they run the printing press. And yeah, you can have collapse and asset prices real estate. But that's not going to take down anyone's tuition or help health care.
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