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The Jordan B. Peterson Podcast cover image

407. Discussing Communism in All its Glory | Michael Malice

The Jordan B. Peterson Podcast

NOTE

The Impact of Inflation on Long-Term Planning and Society

Inflation's impact on the stability of society is crucial, as it affects long-term planning and the ability to make contracts. Inflation punishes conscientious individuals and makes it difficult to define the value of currency for long-term agreements. This uncertainty hinders the ability to make meaningful plans and projections for the future, ultimately affecting the labor and productivity of society.

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