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Demographics, Debt, the Dollar and Apocalyptic Assets

Notes on the Week Ahead

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Inflation, Deficits, and the Resilience of the US Dollar

This chapter explores the complex dynamics of inflation, interest rates, and the US dollar's central role in global trade. It examines how low inflation can enable large federal deficits and discusses the dollar's enduring dominance despite geopolitical tensions and the absence of viable alternatives.

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