The year that started with a lot of optimism around vaccines soon was fogged by a series of uncertainties. As it lifts, what is it that society in general encountered? Topics include excessive excitement over individual stocks (GameStop), investment arrangements (SPACs) and the crypto world, amidst geopolitical tensions caused by a series of chaotic supply shocks. Stagflation fears made headlines after roughly 50 years. As central banks now calibrate monetary policy, adjusting to the "new normal", it is time to enlighten minds on this new economic perspective.
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