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Mark Welch
Garys Economics
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Comments by "Mark Welch" (@markwelch3564) on "Channel Update" video.
@lukaszplonka3857 but a lot of the inflation is caused by resource scarcity. When there's resource scarcity, massive wealth imbalance lets a minority outbid and monopolise those scarce resources, and thus push prices and inflation higher
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In your carpenter example, Gary is not after you, the carpenter. He's after the person who wants £50 from that £100 sale because the tree grew on their land
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