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Inflation is the new normal. Gas prices up 100%? Normal. Home heating up 100%? Normal. Housing and food up 25% a year? Normal. People have accepted this as normal now. U.S has officially become a 3rd world country. No one expects change.
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If the stock market was to crash we could be looking at the next depression as people have now excepted this kind of economy going forward as the norm.
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What's extra troubling is if inflation is up 20% every year, the compounding is exponential and in no time it becomes impossible for 95% of people to even get by. How is it even reversible at this point??
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