Inflation rises when a larger than usual block of younger people enter the workforce, and it wanes when large numbers of older people retire, downsize their homes, and cut their spending. The mass retirement of the Boomers won’t just hold back inflation; it and massive debt deleveraging will actually cause deflation.
Dent explores the implications of his controversial predictions and offers advice on retirement planning, health care, real estate, education, investing, and business strategies.
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