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by isykt
974 days ago
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From your pragcap link: > Sometimes I feel like people read some econ 101 and the admittedly intuitive idea that inflation is “always and everywhere a monetary phenomenon”, but didn’t stop to think that it might be a lot more complex than that. This is the case with almost every armchair economics comment. The same thing happens with the complexity of affordable housing: “It’s all just supply and demand! Econ 101!” |
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