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> Hollowing out revenue while improving productivity still results in a lower asset price because your cashflows are smaller And that's fine because it means c
by triceratops 1y ago
> Hollowing out revenue while improving productivity still results in a lower asset price because your cashflows are smaller
And that's fine because it means consumption is lower too.
- missedthecue 1y agoOk but good luck saving for retirement when your investments are basically guaranteed a 2% decline every year.