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aunty_helentoday at 6:32 PM1 replyview on HN

There’s no roosting. It’s frog boiling. Every day your money loses value.

That’s why stocks go up, spending goes up and the asset class gets richer. When you peg these to an arbitrary “value” you can see, companies aren’t getting trillions of dollars more efficient, the government isn’t delivering more services and the utility of a business or property hasn’t increased.


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