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Inflation – The Hole in the Bucket
In one of the past posts I said we’d address the problem of inflation. Somehow, every time we looked for solutions to different problems, we kept running into the problem of money. We said we can’t grow incomes fast enough, because productivity can’t be grown fast enough either. So how do we address the money problem? Well, another way to visualize the situation is to imagine a big bucket of water, and inflation is a small hole in that bucket. Normally the hole is just big en

Daniel Popescu
11 hours ago4 min read
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