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Danny Aglugub's avatar

Love the title. Most people have heard "it's the economy stupid", but not, "it's the money supply stupid"

Every single empire throughout history devalued their currency near the end.

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Michelle Lobdell's avatar

The numbers are a moving target, manipulated through including or excluding certain economic categories in order to produce the wanted narrative. The definition of a "recession" keeps being changed. And I would love to know why you think Putin cares about the actual numbers that make up our economy. It seems to me he has enough to worry about with his own. Don't you believe your own experience? The cost of food had almost doubled in the U.S. in 2022 alone, but food is "excluded" from inflation numbers - as if eating were optional. The inflation numbers, as well as the rest of the economic measurements the government reports, are garbage.

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