Re:Dow plunges 1000 points
by eli_gottlieb on Tuesday February 06, 2018 @12:33PM
(#16317792)
>Humans tend to eat always roughly the same amount of food (except if they can't afford it). So food prices generally inflate with wage increases.
Quite the opposite. Over the long term, food prices have deflated, and the variety has dramatically increased of foods available at a given price and a given distance from the point of production.
Humans tend to eat always roughly the same amount of food (except if they can't afford it). So food prices generally inflate with wage increases. Growth leads to bigger televisions, safer cars, faster internet being available at roughly the same price.