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Yeah, I don't believe most of these talking points are correct (unless, and as always, the convo comes down to which price deflator you're using and whether it's "accurate")
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Yeah, I don't believe most of these talking points are correct (unless, and as always, the convo comes down to which price deflator you're using and whether it's "accurate")
The stress angle is one interesting mechanism to investigate.
More broadly, though, there are all the downstream effects of devaluing the money. For example, it's harder to have a stay at home parent, which means fewer homecooked meals.