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Cyclical Inflation vs. Structural Deflation: Predicting the Winner
Cyclical Inflation vs. Structural Deflation: Predicting the Winner
Supply chain disruptions, geopolitical flare-ups and ultra-accommodative monetary and fiscal policy coming out of the COVID lockdowns have been some of the factors sparking runaway inflation to levels not seen in nearly five decades. However, many are classifying this as “cyclical inflation” and proclaiming that “structural deflationary” forces will prevail in the years ahead as globalization, technological advancements, overwhelming…
