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True and false. We should get rid of fake growth, which is consuming and producing useless stuff for the sake of preserving employment and increasing GDP. This
by Geee 5y ago
True and false. We should get rid of fake growth, which is consuming and producing useless stuff for the sake of preserving employment and increasing GDP. This fake growth is the result of inflationary monetary policies, which increase unnecessary spending and non-efficient investments.
In terms of a strategy game, inflationary economy shifts the balance from upgrading your units (more efficient) to just producing more with current units.
- imtringued 5y agoSure, inflation is fake growth but the system needs endless growth so fake growth that employs people is better than real growth that abandons them on the streets.