Capital Flows and Asset Markets

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THE COLLAPSE OF SOCIALISM, WAGE INFLATION AND FOOD INFLATION
www.russell-clark.com

THE COLLAPSE OF SOCIALISM, WAGE INFLATION AND FOOD INFLATION

If Chinese policymakers are looking to promote growth, they could look at the US in the 1930s for ideas.

Russell Clark
Mar 26, 2021
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THE COLLAPSE OF SOCIALISM, WAGE INFLATION AND FOOD INFLATION
www.russell-clark.com

After World War II, and the rise of socialism, it became a political imperative to improve workers’ incomes. However, as the world moved from socialism in the 1970’s and 1980’s to globalisation, US a…

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