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Price inflation is so difficult to predict, because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.
Narrated by Daniella Bassi.
Original Article: "To Prevent Problematic Inflation, We Need More Production. Which Means There's Trouble Ahead."
Dr. Thorsten Polleit is Chief Economist of Degussa and Honorary Professor at the University of Bayreuth. He also acts as an investment advisor.