Re:Better technology means higher expectations, which create...
by boutad on Tuesday January 14, 2020 @12:53PM
(#22047263)
Imagine your wages stayed the same or grew but everything else kept decreasing in prices. This was the norm in the United States before the founding of the Federal Reserve.
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Re:Better technology means higher expectations, which create...
by eru on Wednesday January 15, 2020 @02:28AM
(#22052330)
The US is a pretty bad example. They always had very screwed up monetary policy. Pick Canada or Scotland or Australia as the shining beacon.
See https://www.alt-m.org/2015/07/29/there-was-no-place-like-can...