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76 - Inflation in 2021 | Lyn Alden

Bankless

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Global Inflation and Economic Dynamics

This chapter explores the multifaceted global implications of inflation, contrasting economic responses between the US, Europe, Japan, China, and emerging markets. It discusses the unique challenges faced by countries and how differing fiscal policies shape political dynamics, particularly in light of the US's position as a global reserve currency. Additionally, the chapter examines the shifting trends in global trade and the potential transition from dollar dominance towards a multipolar currency system amid evolving economic conditions.

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