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13 sats \ 1 reply \ @xanny 24 Mar 2023 \ on: Bank of England chief begs companies to not raise prices to bring down inflation bitcoin
Reminds me of when Zimbabwe made inflation illegal.
https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
In that case, instead of raising prices, they could have switched to a different service or good.
E.g. imagine you're selling regular potatoes for $1 / kg. Next month you want to sell them for $10 / kg, but you're not allowed to raise the price, so cast a spell on them and sell enchanted potatoes for $10 / kg. A new, completely different product, so it wasn't a price rise.
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