95 sats \ 2 replies \ @kr 17 Feb \ on: Inflation: Are We At The Beginning Of The Second Wave? econ
interesting analysis, i would say inflation 1 year from now is higher than it is today.
my only counterpoint is that the first bump on your 1930/1940 chart is really an exit from deflation.
it’s also accurate to categorize it as inflation, but i think at the time most people were happy that the deflation of the great depression was over.
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22 sats \ 0 replies \ @02bcd3eeb0 17 Feb
debtors happy, savers unhappy.
as for fractional reserve fraudsters (bankers), depends on how deeply entwined with the state you were.
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0 sats \ 0 replies \ @TomK OP 17 Feb
right, you are right about the 30s inflation. i also think that in a year we will have higher inflation rates again than today. it will definitely be a battle of the giants when you see how China is currently exporting deflation
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