Replicating Hedge Funds, Lessons from Bridgewater and the Outlook for Inflation with Bob Elliott
Excess Returns
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The Importance of Understanding the Economy
The opposite way to look at this is also from a bottom set perspective, which is when you look at the prices of all the stuff, it has to all add up to the 2%. Right? And I think that's important because if there is deflation in certain areas or disinflation in certain areas, which then leads people to have more income, nominal income, they can then spend it on other stuff. In some cases, so it's very important when you're looking at these things to make sure that you have a comprehensive understanding of the overall economy.
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