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Inflationary Recession Is On The Horizon | Paul Hodges
Forward Guidance
The Effects of High Oil Prices on the Economy
We're in a deflationary world because we've got aging populations, he says. High natural gas prices mean farmers can't afford to buy fertilizer and fertilize their crops. The only reason the population has gone from 2.5 billion to 7.9 billion since the war is more than three times up. That would argue to me that inflation will not be stopping any time soon as it takes quite a long time for a farm.
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