5% Inflation for a Decade?
What Goes Up
Is It OK to Fail and Get Smarter Quick?
For now we are still in the first order consequence of inflation, or inflation in fades everything including profits. If you value inventory at the lower pre-inflation costs, it actually shows very high profits. The pendulum is finally swinging the other way in terms of sharing the value added by the economy was being captured by a handful of monopolies and their capital owners.
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