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The Great Normalization

December 14th, 2016 · No Comments

  • The economic law that argues that reflationary policies are reflationary will exert itself once more shortly.
  • Given constraints in the economy at present, the Trump reflation is likely to start ‘stressing the system’ and lead to higher wages and prices.
  • He might have one unexpected fan in the form of Janet Yellen.

The Great Normalization

Tags: Economy