4 ms·
Given the inflexibility of wages, I question the effectiveness of this potential strategy, but given the problems we face, any possible strategy deserves a thor
by JMTQp8lwXL 6y ago
Given the inflexibility of wages, I question the effectiveness of this potential strategy, but given the problems we face, any possible strategy deserves a thorough review. I certainly agree on the political viability of inflation, since it isn't as perceptible. If someone sells a house 20 years after they bought it for the same nominal value, it doesn't like as much of a loss?