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A comment on Thomas Piketty’s Capital in the 21st Century, in 20 minutes (2014) [video]. Parent comment

Re:Thomas Piketty’s Capital in the 21st Century, in 20 minut... by dnautics on Saturday October 29, 2016 @03:13PM (#12825752)
"The inflation that comes with a higher growth economy gives wage earners opportunity to move to new, better jobs"

Crack the whip! The best way to motivate those slaves is by making their cost of living higher! That'll force then to get better jobs!

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Re:Thomas Piketty’s Capital in the 21st Century, in 20 minut... by maxerickson on Saturday October 29, 2016 @03:17PM (#12825780)
I love the attitude you've imputed there, the way I see it the alternative is that they get stuck with stagnant wages or no job at all. Way better.

You know, the stagnant wages that we have seen for the last 30 years of low inflation.

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