A Second Bout Of Inflation, Or Disinflation?
Supply Shock
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Permission, Violence, and Inflation: The Centralized Authority
The chapter delves into the concept of permission, exploring the centralized authority that governs our lives and finances. It emphasizes the threat of violence and lack of accountability that come with giving half of our earnings to this authority, citing examples like the denial of transactions and the Cyprus financial crisis. The chapter also delves into the impact of inflation on everyday people and critiques the allocation of funds towards defense contractors instead of addressing critical issues.
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