|
|
|
|
|
|
by JumpCrisscross
526 days ago
|
|
|
> Central banks finally emerged to manage money supply and target a healthy inflation rate Platforms like TikTok--or more accurately, their algorithms--as ersatz central banks of attention is a fascinating concept. > we are probably in a hyperinflationary state. As content keeps exploding More content chasing limited attention means the content's value is inflating. Sure enough, we see a secular decline in ad prices from 2010 to 2020 [1]. (They have increased since 2020.) [1] https://fred.stlouisfed.org/series/WPU365 |
|
|