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0 pointsgone354y ago0 comments

^This is correct, demonstrably.

Unlike at the micro level, at the macro level your spending is my income.

That alone changes (almost every) received microeconomic intuition.

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This is the exact framing that's worked to get things across to friends that have gotten confused by some fear mongering propaganda using the personal finance metaphor. It naturally leads into explaining how potential deflation needs to be address in a way very from being thrifty personally.

j / k navigate · click thread line to collapse

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jasonwatkinspdx4y ago

j / k navigate · click thread line to collapse