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> in my corner of the world prices have been growing exponentially during the past decade Even steady inflation results in an exponential growth in prices.
by sokoloff 3y ago
> in my corner of the world prices have been growing exponentially during the past decade
Even steady inflation results in an exponential growth in prices.
- Tade0 3y agoTo the tune of 8-10% annually in a borderline deflationary economic environment - which was the case for most of the last decade? I don't think this increase can be attributed to inflation.