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by baconandeggs
2157 days ago
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> ...a lower quantity of real goods and services can be purchased for the same amount of currency. There isn’t any evidence that this has happened following the Fed’s QE programmes, despite most mainstream economists freaking out about the same point at the time. AAPL in feb ~$320
AAPL today ~$385 TSLA in feb ~$900
TSLA today ~$1500 Inflation is not equal across all sectors of the economy, is a transfer of wealth that disproportionally benefits some. |
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