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508: The Road to 2030 – Are We Headed for Another Great Depression?

Wealth Formula by Buck Joffrey

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Economic Outlook and Inflation Predictions

This chapter explores the current landscape of inflation, interest rates, and monetary policy, highlighting the Federal Reserve's cautious stance amid persistent economic challenges. It anticipates steady inflation at 2.8% for the year and discusses the potential for significant interest rate hikes by the end of the decade, alongside a reflection on historical economic cycles. The chapter further delves into future economic scenarios leading up to 2030, pondering the risks of a significant depression shaped by demographic and fiscal pressures.

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