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Leonard Pokrovski

added blog Economics
2026-05-09 04:33:01 -

What causes high prices?
What Causes High Prices? Walk into a grocery store after a central bank has spent a decade manufacturing money from nothing and you will hear the same exhausted sentence repeated with liturgical regularity: everything is getting expensive. The phrase sounds harmless. Neutral. Meteorological. As though prices rise the way rain falls. No culprit. No mechanism. No human hand. But prices do not...

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Leonard Pokrovski

added blog Economics
2026-05-09 04:31:02 -

Who controls the economy?
Who Controls the Economy? There is a comforting fiction taught in modern democracies: the economy is managed. Somewhere, in marble buildings populated by economists with equations and polished shoes, serious people supposedly pull levers that guide prosperity with the precision of an engineer operating a turbine. Recessions are “stimulated” away. Inflation is...

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Leonard Pokrovski

added blog Economics
2026-05-09 04:32:02 -

Why is inflation rising?
Why Is Inflation Rising? There is a peculiar ritual in modern economics. Prices rise. Groceries become smaller. Rent swallows salaries whole. Families notice immediately. Yet economists, central bankers, and finance ministers convene panels, produce reports, and speak in a dialect so sterilized that the original crime disappears beneath abstraction. They speak of...

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