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David Stockman: It's "Damn Near Impossible" To Avoid A 30-50% Market Correction At This Point

Thoughtful Money with Adam Taggart

CHAPTER

Understanding Inflation: Beyond the Metrics and Misguided Targets

This chapter critiques traditional inflation measurement methods, particularly the limitations of the CPI. It advocates for the 16% trim mean CPI as a better indicator, while also challenging the Federal Reserve's 2% inflation target and discussing its impact on economic structures.

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