2022-12-17 23:25 UTC
@nottrobin@fosstodon.org @pluralistic@mamot.fr I’m curious, which is harder to un-do, an inflationary spiral or a recessionary spiral? Both present positive feedback loops. Press/pundits/economists obsess on inflation like boy with hammer, but 2008-9 taught me new things not remembered since Great Depression. I remain more sobered by risk of recessionary spiral.
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