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That was also a decade of explosive automation and globalization. There was much more cash floating around, but far more goods and services were produced than e
by padobson 5y ago
That was also a decade of explosive automation and globalization. There was much more cash floating around, but far more goods and services were produced than ever before too, thus the balancing of prices.
If they hadn't printed all that money, a lot of prices would have stayed flat - and perhaps a lot more folks would feel much richer right now.
- tonyedgecombe 5y ago>That was also a decade of explosive automation and globalization. Actually globalisation has plateaued over the last decade. https://www.economicshelp.org/wp-content/uploads/2019/03/world-exports-gdp-1970-2020.png.webp https://www.economicshelp.org/wp-content/uploads/2019/03/wor...