Re:The rich world needs higher real wage growth
by JumpCrisscross on Sunday July 01, 2018 @08:27PM
(#17438549)
> At a fixed money supply, growth causes deflation
True. This is the problem with fixed money supplies.
We moved past fixed money supplies several decades ago. My statement stands true in any modern context. Rich households spend slower than poor households.
True. This is the problem with fixed money supplies.
We moved past fixed money supplies several decades ago. My statement stands true in any modern context. Rich households spend slower than poor households.