"The inflation rate signals instability in the social order. That instability, it seems, translates into capitalists’ fears about the future. When the price system is more unstable, capitalists discount present income more steeply."
in "The Ritual of Capitalization" by [@blair_fix](https://mastodon.online/@blair_fix ): https://economicsfromthetopdown.com/2021/06/02/the-ritual-of-capitalization/
#rituals #religion #inflation #prices #value #discountRate #finance #privateEquity #acquisition #valuation #capitalization #capitalizing #markup #money #property
Eric Maugendre about carbon
npub16k…r244v
2024-02-18 21:25:38 UTC
in reply to nevent1q…ehgx
Author Public Key
npub16k2f053c4udn6m8ql067max8uha37gue9ps9dd6rhcpsl75lkv7qdr244vSeen on
wss://relay.momostr.pinkPublished at
2024-02-18 21:25:38 UTCEvent JSON
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