3 ms·
r > g should be an obvious corollary of an economy based on growth that is stimulated by inflationary policy. Is it a necessary consequence of capitalism in al
by dnautics 8y ago
r > g should be an obvious corollary of an economy based on growth that is stimulated by inflationary policy. Is it a necessary consequence of capitalism in all policy universes? More study would be required, but there are very little data on economies without government driven inflationary policy, going back to the Ronan days when the mint gradually devalued the denarius.