So it will "transition" back then?
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M2 discontinued / bank deposits at 12% … okay.pic.twitter.com/YMXKitRsjt
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Interest rates have to increase; the law of equilibrium was broken in 2001, when rates dropped to near zero.
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We've all felt the effects of inflation and I don't think it's temporary, it's definitely going to be a very long process and the inflation rate will be higher than expected.
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What year is he talking about?
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What are these 'appropriate actions'? Hopefully they don't consist of dumping more money into an already bloated economy.
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Total lie. Once wages and rents go up, they don’t go back down.
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That’s an interesting series of contradictory sentences. They’re not going to help. Enjoy!
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