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by 9x39
330 days ago
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It's all rotting if you're simply consuming and not part of goods & services production. The cash creation resulted in more money chasing less goods & services, and inflation lagged behind but steadily resulted. Being alive and content is orthogonal to what's rightly predicted - GDP falling off a cliff, with standards of living plummeting and inflation exploding as everyone does more consumption to talk about at dinner parties while even less than ever is being produced. |
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