I think the main reason why not is that these places don’t exist in a vacuum. One dynamic is that they become wealthier as a whole and it results in some local impacts such as house price inflation. But it’s not the same as money printing.
I think the main reason why not is that these places don’t exist in a vacuum. One dynamic is that they become wealthier as a whole and it results in some local impacts such as house price inflation. But it’s not the same as money printing.
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