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The Debt Ceiling is Dumb

Slate Money

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The Magic Curtain of Inflation

We already engineer food consumption choices for poor people via SNAP and restrict what they can buy. So if you were going to create a discounted basket of goods, we already sorted. That brings down the price. And another solution to great inflation, which I think we will all think is wonderful, is that if you talk about it and people believe it's happening, then it kind of starts to go away because companies can't get away with raising their prices anymore. It's like we've seen through the magic curtain.

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