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by CuriouslyC
978 days ago
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Asset inflation at this point is a runaway process caused by companies raising prices to cover increased costs and adding a margin for safety because of volatility. Companies in one area raising prices has a downstream effect, both in raising costs for other producers, and in allowing other producers to raise prices because of people's expectation of "inflation." |
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Aka profit inflation, instead of wage inflation.
https://www.youtube.com/watch?app=desktop&v=tU3rGFyN5uQ