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Bankruptcies Are On The Rise | Weekly Roundup

Inflection Point

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Inflation, Currency Devaluation, and Debt

The chapter discusses the concept of inflation, its relationship to interest rates, and the existence of a natural rate of inflation. It explores the impact of supply and demand imbalances, with COVID-19 as an example. The chapter also analyzes the causes of inflation, focusing on excessive debt and currency devaluation.

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