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Re:Coinbase valued above $100B, ahead of direct listing by hfsp on Saturday February 20, 2021 @11:07PM (#26210710)
Zero/negative interest rates drive capital misallocation. You are spewing MMT dogma. This is why we have zombie companies like IBM chortling around.

There is asset price inflation for the things we want to buy. Stonks. Real estate in desirable places.

If you examine the 500 most commonly bought household goods, inflation is tracking ~10%+ in major metro areas in the US. This is before covid.

Re:Coinbase valued above $100B, ahead of direct listing by deanmoriarty on Sunday February 21, 2021 @09:09AM (#26213535)
Do you have a reference for that 10% on the top 500 items?
Re:Coinbase valued above $100B, ahead of direct listing by hfsp on Sunday February 21, 2021 @09:56AM (#26213872)
www.chapwoodindex.org