
#174 Akhil Patel - This valuable signal could infer the market direction for years
State of the Markets
The Importance of Trust in the Banking System
I don't think that automatically translates into hyperinflationary scenario. You tend to ultimately get the peaking of the real estate cycle and a sort of major financial collapse before that plays out. Then something happens which then like a run on a bank in California, which then my arguably caused them to turn around and reduce interest rates. And therefore, you're back into a kind of debt deflationary scenario.
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