- cross-posted to:
- latestagecapitalism
- genzedong
- cross-posted to:
- latestagecapitalism
- genzedong
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Bourgeoisie and their lies.
Name a more economic duo.
The biggest myth is that inflation is a problem of price.
Stuff goes up in price all the time without it being inflation, and stuff goes down in price all the time without it being deflation. The thing that makes it one or the other or neither is whether those changes in price are systemic and widespread.
When one realizes why prices would all go up or down at the same time, only then will you see the shackles.