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Inflation doesn't change the value of an investment. It increases the price that the new products fetch as well. You need to look at rates when trying to explai
by wbl 6y ago
Inflation doesn't change the value of an investment. It increases the price that the new products fetch as well. You need to look at rates when trying to explain this, and rates and inflation have been low for decades without a return to major industrial R&D.
- fuzzfactor 6y agoI remember watching as it died a painful death not without dismemberment, and as we have seen there have been no rates capable of bringing it back to life since. Inflation occurred after people had been made too poor to even continue some projects, much less start new ones. Everyone who really made the big science possible never got rich enough to do it again. Even NASA.