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Rather, the toilet cleaner would be able to buy things previously unattainable, and the person who hired the cleaner would have less free cash to spend on other
by wrycoder 8y ago
Rather, the toilet cleaner would be able to buy things previously unattainable, and the person who hired the cleaner would have less free cash to spend on other objectives, which would cause a slight drop in the price of those other objectives.
Raising the income of a toilet cleaner doesn't correspond to a general rise in prices. It might mean the development of self-cleaning toilets, which isn't a bad idea.
- CryptoPunk 8y agoLegislatively redistributing profits from investors to workers has the predictable long term consequence of reducing the rate of return from investing and with it, the volume of investment and labour productivity growth.
- deleted 8y ago[deleted]
- TomMarius 8y agoMargins aren't as generous in other fields as in IT.