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This is the problem with inflation. As high inflation numbers get broadcast to the people, people become more willing to spend money now on commodities that may
by travisathougies 4y ago
This is the problem with inflation. As high inflation numbers get broadcast to the people, people become more willing to spend money now on commodities that may not be available / affordable in the future. That causes profit margins to increase as people take into account future inflation, and thus eventually cause a self-fulfilling prophecy.