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A 'Deflationary Nuclear Bomb' Is Ticking, Warns Economist, Even As Inflation Risks Wane: 'Cheaper It Gets, Cheaper Everything Gets'
Tuesday, September 24, 2024 - 8:27am | 729The stubborn inflationary pressure that kept the Federal Reserve in abeyance until earlier this month could be a thing of the past but another risk could supersede it, an economist said on Monday. What Happened: The artificial intelligence technology is a “deflationary nuclear bomb,”...