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Video: Hyperinflation Risk is Higher Now Than Ever - we live in the "dumbest bubble in history"

By Tom Winnifrith | Sunday 23 May 2021


 


Professor David Collum of Cornell University is an expert on inflation. David starts with the observation that actual wealth creation involves making life better, and the 1870s to 1940s are a good example. Since the 1940s, wealth creation has become much more gradual. GDP today does not consider inflation or planned obsolescence from cheap consumer goods.

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