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Alternatively, individuals will continue using traditional fiat money.
As a function of past fiat money printing and future requirements to keep Uncle Sam solvent, energy prices keep getting cheaper and cheaper each year, not more expensive like conventional wisdom believes.
Source: https://seekingalpha.com/article/4659357-gush-for-oil-bulls?source=feed_all_articles
Therefore, high levels of spending are a rational response to an irrational fiat money system.
Source: https://www.lewrockwell.com/2023/12/ron-paul/biden-media-gaslight-people-about-inflation/
This is on top of the root cancer that is fiat money creation.