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monideasyesterday at 8:40 PM1 replyview on HN

It’s the inflation itself, not the cost of living. Inflation does weird things sociologically and psychologically, you’re messing with the fabric of human economic relations which is implicated in status hierarchies and assortative mating


Replies

pictureofabearyesterday at 11:03 PM

Maybe inflation undercuts trust in the economic system in ways that haven’t been fully realized or appreciated. We’re afraid of deflation, but it seems there are big problems with inflation as well.