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Really large companies can distort the meaning of money just as governments 🤔 Their knobs aren’t as legible as interest rates or bonds, but just as real. Like Fedex or UPS could probably shift the meaning of money by deciding to drive trucks slower. Oil companies obviously.
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What microeconomic business levers are de facto macroeconomic policy levers as well? Oil production Shipping speeds Electricity production Internet speeds? Some ag products I think, like milk? Maybe steel Waste management Real estate isn’t one though. Not concentrated enough 🤔
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Goes back to Adam Smith and importance of infrastructure, right? Markets are abstractions, but they need actually existing entities to implement flows of information, money, and goods.
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