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Why a '1970s-style' inflation spiral is a growing threat, according to a major hedge fund

One of the world’s premier macro hedge money sees a climbing chance of a 1970s-style wage-selling price spiral, according to a Thursday news report. “This blend of superior inflation, limited labour marketplaces, and uncertain inflation anticipations introduces the prospect of a 1970s design wage-price tag spiral which proved very highly-priced […]
Why a '1970s-style' inflation spiral is a growing threat, according to a major hedge fund

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