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ethdkreuoreuc
searching PlanetScale…
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by
ethdkreuoreuc
5y ago
Inflation increases asset prices and increases inequality. Deflation reduces asset prices and reduces inequality. Keynsians do not like deflation because people save money during a deflationary period, and saving money reduces aggregate dem
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by
ethdkreuoreuc
5y ago
Rent is up more than 9% this year alone. Inflation is now large enough to show up in the CPI in a significant way.