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Of course there’s asset inflation. Inflation is not uniformly distributed across all industries and markets, and sometimes it takes a very long time for imbalan
by CyberRabbi 6y ago
Of course there’s asset inflation. Inflation is not uniformly distributed across all industries and markets, and sometimes it takes a very long time for imbalances to dissipate.
It’s similar to how certain industries can crash while others can boom at the same time. A non-uniform economy is such a basic and intuitive concept, it’s hard to believe it needs to be argued to the average layman.