BECAUSE the economy, as a discussion topic, is actually quite boring on a day-to-day basis, and because economists are for the most part boring and unimaginative people (my idea of a good time is watching Russian dash-cam videos on YouTube, for example), we tend to be easily distracted by shiny things. This week’s shiny thing is a concept called the “dollar recession,” and some of us seem to think it’s a problem. On closer inspection, it turns out it probably is.
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