• xmunk@sh.itjust.works
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    6 months ago

    The demand curve didn’t shift - I agree. That was sort of my point - in legitimate inflation we’ll see demand curves shift as price sensitivity adjusts to the new market comprehension of purchasing power.

    The actual amount of demand (or, like, buy orders if you prefer to avoid the term demand) absolutely did decrease though because we shifted the price point along that demand curve.