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This will lead to further capital and capital reserve exodus from the dollar, and with it, adding slightly to inflation. Note that the current economic cycle i
by 1letterunixname 3y ago
This will lead to further capital and capital reserve exodus from the dollar, and with it, adding slightly to inflation.
Note that the current economic cycle is akin to the Carter admin of the late 70's, while 2/3 of inflation was a result of supply-side profit-price spiral. The very rich did extremely well during and post pandemic, while everyone else was stuck with the "check".