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4min chapter
Surveillance: US CPI with Porcelli
Bloomberg Surveillance
Distortions in the Economy and Markets: Impact of Monetary Policy and Market Structure Changes
This chapter discusses the distortions in the economy and markets resulting from years of excessive monetary largesse and zero interest rate policy, including vulnerabilities in the banking industry, impact on deficits and national debt, reset of capital costs, disruption in the labor market, and artificial inflation of real estate prices.
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