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by a-posteriori 1869 days ago
Is the inflation rate transitory or is the price level fluctuation transitory? Makes a big difference...
1 comments
DylanBohlender 1869 days ago
The inflation rate is transitory. Price levels won't come back down unless we get transitory deflation of equal (or greater) magnitude.
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enos_feedler 1869 days ago
Which will happen because people will stop wanting things
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