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Harry Dent visits for the first time. Jayant Bhandari returns. Harry Dent is well known for his view that existing demographic conditions in America will lead to an inevitable stock market decline and massive price deflation. Certainly exponential debt is of great concern but is dollar price deflation inevitable if the number of dollars in circulation expand exponentially? Consumer prices most certainly have declined as measured per ounce of gold but not in dollars. In fact the real consumer cost of living measured in dollars is skyrocketing far above government CPI numbers. We will ask Harry
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