3min chapter

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#32: Christopher Cole On Appreciating Risk

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Rise of Populism

Central banks have managed to not destroy volatility, but push it out into the future at some point. I think there's ways that can occur other than a deflationary collapse, though. One of the ways that one of the ways it can occur is the rise of populism. The other framework is that you could also have risk transmitted through fiat devaluation.

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