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An economy for everyone
The New Bazaar
The Importance of Productivity Growth in the Economy
Economists have long said that when you have inflation, you're also learning something about the economy. It is sending a signal about where resources should be sent to alleviate the higher inflation. And so i'm not dismissing the costs of inflation on a lot of people. I'm just saying it has this virtue that, again, to my mind, has gone somewhat under explored.
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