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"Demand destruction" is one way to look at it. The other is that artificially low interest rates synthesized demand, and this is a normalization.
by onlyrealcuzzo 4y ago
"Demand destruction" is one way to look at it.
The other is that artificially low interest rates synthesized demand, and this is a normalization.
- dragontamer 4y agoI mean, whatever it is, there's fewer people buying things. (or many people buying fewer things). So I don't see much point arguing the semantics / precise words used to describe the phenomenon.