purchasing power parity, yeah it's a basket of goods approach to comparing the real value of money in a time & place.
inflation is half of what I'm describing--the other half is insufficient work inflation + unemployment
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Ok then I'm back to not understanding what "feedback" causes this stagnation lol TBF tho I've not studied economics in yrs
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read the Jacobs book and we'll at least be on the same page--even if it just better equips you to fight her argument
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Yessir! Is it public domain?," he asked, knowing the answer wouldn't be the one he wanted.
- End of conversation
New conversation -
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