Re:What If Andrew Yang Was Right?
by TimJRobinson on Tuesday March 17, 2020 @05:08AM
(#22603061)
> there isn't magically more stuff
Most companies can easily ramp up production to meet increased demand. It's not magic, it's the modern world.
Most general goods companies are demand constrained, that's why they need to do marketing campaigns to make more sales. It's only if they had too many orders and couldn't grow production that we'd have inflation. So there may be some inflation immediately but not long term.
Most companies can easily ramp up production to meet increased demand. It's not magic, it's the modern world.
Most general goods companies are demand constrained, that's why they need to do marketing campaigns to make more sales. It's only if they had too many orders and couldn't grow production that we'd have inflation. So there may be some inflation immediately but not long term.