The Death of Inflation: Surviving and Thriving in the Zero Era
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The Death of Inflation: Surviving and Thriving in the Zero Era
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Imagine a world without inflation: prices rising in some years but falling in others; pay rising by 2 or 3% inthe good years, but static or falling in the bad ones; house prices are likely to fall as to rise; interest rates in the range of 2-4%. A purely imaginary world? No.
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