4 ms·
High school economics was wrong, inflation is way more complicated than that. Productivity, credit flows, balance of payments, financial flows, investment, wage
by viburnum 6y ago
High school economics was wrong, inflation is way more complicated than that. Productivity, credit flows, balance of payments, financial flows, investment, wages, inequality, capital/labor bargaining, all of that matters too.
- jkhdigital 6y agoEurodollars. The single most important factor that nobody ever talks about is that much of the printed money actually flows out of the country.