Links 4 August 2021
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Global Macro / Markets / Investing:
- Transitory inflation could mean higher prices for years, not months, and Powell’s stance could complicate his future as Fed chief, Mohamed El-Erian says – Business Insider
- How the Great Forgiving of Debt Will Save Us From Ourselves – Carbon Radio
- Oil prices fall on worries over China economy and higher crude output – Reuters
Americas:
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.