Here’s a very interesting inflation vs disinflation vs deflation debate between money managers John Brynjolfsson and Robert Kessler. THE debate of the last four years in the financial world – it’s gotten a lot of play, but both guys here make some great points.
Hat tip to astute reader and roving correspondent Gary, who sent this interview along!
Let me tip you off on a scary/wild stat – around the 12-minute mark – they quote 70% of Chinese GDP as being spent on infrastructure currently!
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