The New Story of Economics

I argued inflation is coming back and geopolitics is coming back. The bailout of the banking system from the financial crisis, we have sewn the seeds for inflation to return. Once inflation comes back, geopolitics will come with it because it's about access to resources. And so how do you get out of the problem? There are different ways you can default on the problem. You can just say, we're never going to pay you back.

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