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there's this dynamic where price deflation due to technology matches pace with inflation from money printing and creates a stable "no inflation" price
what if the "capitalism 3.0 w/ chinese characteristics" thing actually is democratically decentralized but b/c of cultural homogeneity creates an illusion of centralized controlhttps://twitter.com/a_yawning_cat/status/1397797008438562816?s=20 …
when a price is "stable" it could be b/c it is boring OR it could be locked into a stable position due to strong upward and downward pressures. like a war, when one side gives out, it "bursts" into the winning direction. (e.g. hedge funds vs reddit)
e.g. as china's millennial equivalents try out avocado toast the free centralization effect weakens and the state has to start adding in some parental "structure" in order to maintain unity
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