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RE: LeoThread 2025-01-30 12:14

in LeoFinance9 months ago

Part 2/8:

A peculiar measure of inflation, termed the "pizza principle," has been a tongue-in-cheek indicator in New York for decades, maintaining that the price of a subway ticket mirrors that of a slice of pizza. However, in recent times, this balance has unraveled, illustrating that the issues at play extend beyond mere pricing fluctuations. The broader economic turmoil, including inflation, job losses, and business closures, indicate a looming financial crisis, reminiscent of historical patterns that should have rung alarm bells.

Historical Context: The Tulip Mania