there's this dynamic where price deflation due to technology matches pace with inflation from money printing and creates a stable "no inflation" price
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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 …
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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)
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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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