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MacroVoices #256 Russell Napier: Prepare for Secular Inflation

Macro Voices

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Is There a New Form of Participation Sport?

We've spent 10 years trying to create money and failing abysmally. But now we've succeeded through a thing called the Bank Credit Guarantee Scheme. It's working beautifully well. So suddenly we've got this massive surge in the total supply of money. What does that mean for the stock market? We're looking like maybe a little bit further than six months. I would say it means a very high level of inflation as that money is moved.

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