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by dileeparanawake
307 days ago
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Why does wealth inequality drive price inflation? Good question and not obvious. Here's the answer? How much does a bottle of water cost? - Supermarket?
- Festival?
- In a drought, when you're standing in line behind a thirsty billionaire? People with a large relative net worths, drive asset prices up, like bids in an auction - even if they aren't the final bidder. |
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