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James Surowiecki

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Companies often become victims of their own mythologies.

James Surowiecki

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James Surowiecki

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Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they’re likely to increase prices, since they’ve learned that if they don’t, and inflation hits, their businesses will be wrecked.

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You can’t be rich unless everyone else agrees that you’re rich.

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May 2, 2024

You can’t be rich unless everyone else agrees that you’re rich.

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May 2, 2024

Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they’re likely to increase prices, since they’ve learned that if they don’t, and inflation hits, their businesses will be wrecked.

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