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A Wall Street CEO perfectly explained the hot theory for the economy, markets and everything

A Wall Street CEO perfectly explained the hot theory for the economy, markets and everything

Business Insider - Matt Turner

Moelis & Co. chief executive Ken Moelis was on CNBC's Closing Bell on Thursday, and brought up one of his favorite topics: technological deflation. The idea here is that technological advancements help drive prices down, whether it's through lowering the cost of production (think manufacturing), …

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