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Archimedes_Redux t1_je7x9n7 wrote

Reply to comment by Fun-Transition1230 in Stagflation 2023: The Looming Economic Nightmare You Can't Afford to Ignore by Wega58

Same as it ever was.

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Fun-Transition1230 t1_je7y4gi wrote

Only since Nixon. Before that the US built all sorts of massive infrastructure projects like China does now.

We're only affluent now because everyone believes our tulips are actually worth something.

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