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Why is a deflationary currency better for people in disadvantaged situations? Seems to me the issue isn’t inflation it’s lack of wage growth, and with proper w
by FridgeSeal 5y ago
Why is a deflationary currency better for people in disadvantaged situations?
Seems to me the issue isn’t inflation it’s lack of wage growth, and with proper wage growth, far more people would have been able to benefit from the market growth we’ve had.
- rmbyrro 5y agoThey can grow their wage as much as they want, it will always be easy to take the value back from them by increasing money supply and artificially reducing their share.