The Problem with Jeff Booth's Deflationary Thesis (The Price of Tomorrow)
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https://v.nostr.build/f8cQsvFL4ZUc2USk.mp4
When money was too expensive why did the farmer let his crops die instead of lowering prices?
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Why?
I honestly don’t know. I thought maybe seller didn’t realize that gold got more expensive and tried calling a bluff on the buyer. Yet that’s not a good reason because that wouldn’t repeat again.