
MacroVoices #256 Russell Napier: Prepare for Secular Inflation
Macro Voices
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What's the Biggest Question on Hustle Allocation and Strategy?
The pace at which that inflation reappears is unlikely to be a uniform rate globally. So one of the bigger questions on hustle allocation and strategy will be who has to cap rates first. Most of the money in the world is created by commercial banks, not by central bankers. The governments are effectively in control of that and will continue to be. Things could be explosive this year, given the amount of money in the system.
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