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Inflation can take a long time to trickle out from the major banks and lending institutions and down to businesses and finally down to average consumers. What
by jayfuerstenberg 13y ago
Inflation can take a long time to trickle out from the major banks and lending institutions and down to businesses and finally down to average consumers.
What no economist can tell you though is how those irrational consumers will truly behave.
If you throw more money at me, I'm not going to spend more money, I'm probably hold on to it and invest it in other assets.
I guess I'm breaking the system.