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× Disruption, inflation, and taxation

“Disruptors tend to be successful in three ways: (1) They dramatically lower historic prices through new cost structures…” — Accenture, “Disruption need not be an enigma,” February 2018 “Inflation is taxation without legislation.” — Milton Friedman, 1974 Disruption is good for consumers. It unsettles many incumbent and entrenched players which may have been lording over …