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Powell Is the New Arthur Burns, Not the New Paul Volcker

After thirteen years of "unconventional" monetary policy, countless bubbles have been created and can only survive so long as the Fed keeps the easy money coming.

Be afraid: the zombie economy can t last

It might not happen overnight, but the inflation and wages outbreak in the US is highly likely to end in sharp falls in stock and property prices, and the deaths of zombie companies, writes Chris Joye.

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