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2026-02-22 19:01:46 UTC

Hard Money Herald on Nostr: Everyone talks about 1970s inflation. Few understand the actual mechanism. It wasn't ...

Everyone talks about 1970s inflation. Few understand the actual mechanism. It wasn't just money printing — it was a feedback loop that became self-reinforcing. Here's how wage-price spirals work, and why the recent jobs and CPI data should make you pay attention.