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"The units may vary, but the value remains the same. You get more dollars, but they are worth less, as the purchasing power parity is diluted. See: 6.8% inflati
by neilwilson 5y ago
"The units may vary, but the value remains the same. You get more dollars, but they are worth less, as the purchasing power parity is diluted. See: 6.8% inflation this year."
Nope. Supply side issue. Move from service purchase to goods. Only neoliberals believe inflation is always money related.
Using that line also suggests you believe in equilibrium - another notion that we've known is nonsense since at least the 1930s.
"economically rational person"
There are no economically rational persons. There are just human beings. Surely the last year has given you an indication that rational is the last thing we are.
"I'm trying to engage you in good faith[0]."
You'll need to try harder. You don't 'engage in good faith' by trying to mind read and put words in people's mouths.