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He forgor 💀
On a serious note, check out the channel Democracy at Work on YouTube if you have time. Dr Richard Wolff is good at explaining this stuff in a really simple way.
Can’t type out a long explanation now as I’m at work, sorry.
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Cuz Biden. Duh.
IIRC capitalist production can’t sustainably grow faster than its profit rate. And it’s usually slower because the capitalists still want to consume some profit.
So if demand rises faster than the profit rate, then prices rise.