Bloomberg Technology published this video item, entitled “Oceanic CEO: Outlook on Inflation, Markets” – below is their description.
Oceanic CEO Tim Sullivan talks to Emily Chang about the impact of rising inflation and what’s happening in the private & public markets.
Bloomberg Technology YouTube Channel
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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
