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Is everyone pretending to understand inflation (or just me)?
PJ Vogt
The thing about the economy that all of us understand, all of us, is that it is breakingly complicated, the product of more human decisions and happenstance than we can ever totally grasp. But we need to comprehend it, so we simplify a complex thing into a story, a story that eliminates the parts that we hope we can safely ignore. But the story you pick has consequences.
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