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David Rosenberg: Debt Rollovers Could Trigger Economic Shock

Wealthion - Be Financially Resilient

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The Role of Inflation and Central Banks in the Economy

This chapter discusses the concept of inflation as pricing power, its relationship with raises and macroeconomic pricing, and how it is influenced by central bank balance sheets. It also examines the impact of new eras in the economy, such as AI and technological advancements, on their thinking. The chapter emphasizes the importance of interest rates in a credit-driven economy and explores their role in the business cycle and recessions.

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