Financial media cite record numbers in nominal, rather than real terms, because if you wait for an inflation-adjusted record someone else will get the scoop.
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Replying to @ByrneHobart
I'm reminded of an argument about homesteading land before the railroad gets there. When it does, it will be worth $1,000 every year you squat costs you $100 All land gets squatted 9.99 years before railroad arrives...destroying 99.9% of the "free" value This, but for stories
9:56 AM - 10 May 2019
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