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Is everyone pretending to understand inflation (or just me)?
Mark Blyth
What is inflation? Inflation is a rise in the general level of all prices. It's everything going up. When people talk about house inflation, there's no such thing. That's just houses going up because we didn't build enough of them, right? And inflation is all prices in the economy going up at once. Now, wait. Hold on. It gets better. Hold on.
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