this post was submitted on 23 Mar 2026
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[–] InevitableSwing@hexbear.net 8 points 8 hours ago* (last edited 8 hours ago)

permanently high plateau vibes

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Irving Fisher was perhaps the first celebrity economist, but his reputation during his lifetime was irreparably harmed by his public statement, just nine days before the Wall Street Crash of 1929, that the stock market had reached "a permanently high plateau".

https://en.wikipedia.org/wiki/Irving_Fisher

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I couldn't resist...