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It's a "good economy" because the numbers are going up. That's all that matters. The fact that the numbers are going up because of a bubble and a lot of questi
by estimator7292 1y ago
It's a "good economy" because the numbers are going up. That's all that matters.
The fact that the numbers are going up because of a bubble and a lot of questionable deals is not relevant. That's a problem for someone else to handle later.
- ethbr1 1y agoThe numbers also go up when the dollar deflates. The people who get burned there are the ones unwilling / unable to track inflation.
- ffsm8 1y ago> The numbers also go up when the dollar deflates Uh, if it deflates, the numbers go down? Isn't that the definition? The same numerical value of currency represents more value as compared to assets etc - hence things get "cheaper", with the side effect of money getting harder to get