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![plasticnewt3 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3008876796.png) plasticnewt3 [@plasticnewt3](/creator/twitter/plasticnewt3) on x 1625 followers
Created: 2025-07-25 23:29:58 UTC

It’s Keynesian economics on steroids. House prices have effectively become an input to facilitate credit creation, which was used as a cheap way to gin the economy.

You miss the social fall out when your framework is simply a reductive accounting identity party trick. 

cc: WM, SK

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