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Digital Banks are Doomed

Slate Money

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Inflation, Is a First Derivative?

There's no coherent narrative that actually explains the whole thing. We just had this productivity data that came out that shows massively negative productivity growth. And does anyone have an explanation for that? Not really why. It's also so ulti factoral, that it's hard to sort out inrer we might be some variables and then develop a comprehensive theory of the case based on that.

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