fiscal+monetary is like a 2-legged stool. The reason it has stayed stable is that people tend to overlook an invisible 3rd leg: a tech abundance leg that makes deficit economics possible: oil until ~1974, semiconductors after that... creates hidden gdp to balance the growth...
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but damn, money printer go brr levels of deficits might be too big for even Moore’s law at its fastest to overwhelm
world needs new tech abundance vector to balance the karm9c books here
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