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I'd argue that inflation is further reducing the cost. Inflation means that $1 is fundamentally less valuable in the future than it is right now. If we're maki
by SkyPuncher 5y ago
I'd argue that inflation is further reducing the cost.
Inflation means that $1 is fundamentally less valuable in the future than it is right now. If we're making a deal for me to pay $1 in the future, I'd prefer to make that $1 payment as far out as possible.