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How to Survive in the New Economic & Financial Order | Russell Napier
Hidden Forces
What Are the Right Questions to Ask?
Central bankers believed they fighting a problem, which was too low inflation with a risk of deflation. They used their standard tool box to fight that, and that is effectively low interest rits. When the great financial crisis came along, they discovered that wasn't enough. So now we have to solve a different problem, and that's why we're moving to a different setting and a different structure and a different world order. The old regime is really a regime where china in particular, but many other countries, linked their currencies to the united states dollar.
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