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#1175 Raoul Pal On Bitcoin And The 2023 Financial Crisis
The Pomp Podcast
The Probability of Inflation in the Next Upside of the Business Cycle
Will we have inflation rising again in the next upside of the business cycle? Is it going to exceed what we've just seen? Almost zero chance. The trend rate of GDP growth has been falling for 60 years now. Productivity growth, that's been declining because of an aging population and will continue to do so until technology kicks in fully.
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