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#29: Louis-Vincent Gave On Staying One Step Ahead Of The Markets

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Consumption

As our old people start to consume the capital base, I personally don't see why that should be deflationary. As you consume your capital base, you move to being a less productive economy. There's nothing positive about consuming your capital base. And yeah, to me, that's inflationary.

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