Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs
by neffy on Monday October 24, 2016 @02:46PM
(#12781613)
The other factor in pricing is monetary expansion. Every 10 years the US money supply doubles.
Factor that in, and essentially what we´re looking at is a world where production is increasing, reducing prices, money and credit supply are increasing, increasing them - at the same time. At the moment the two are more or less (more in the case of TV´s, less in the case of housing) balancing each other out.
Factor that in, and essentially what we´re looking at is a world where production is increasing, reducing prices, money and credit supply are increasing, increasing them - at the same time. At the moment the two are more or less (more in the case of TV´s, less in the case of housing) balancing each other out.