@ClarkHat The idea of general inflation / deflation is a concept designed for the convenience of a central monetary authority. ...
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@ClarkHat No one's denying that macro is possible -- we know it is, because it's being inflicted upon society. - 3 more replies
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@ClarkHat ... Concretely, the industrial surplus is being re-packaged for redistribution by the state. ... -
@ClarkHat ... The importance of hard money isn't that it's deflationary -- that's a predictable, but subordinate consequence. ... - 5 more replies
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