4 ms·
There is a finite amount of "demand" in the market though and at the moment in an attempt to keep prices stable the Federal Reserve is choosing to squash demand
by blurbleblurble 4y ago
There is a finite amount of "demand" in the market though and at the moment in an attempt to keep prices stable the Federal Reserve is choosing to squash demand at a time when new tools are enabling 10x - 1000x productivity increases. Kinda puts the squeeze on.
Taxes, like windfall taxes, wealth taxes and negative tax, could help with price stability while keeping capital circulating, demand up. But these are politically unpopular. What seems to be politically popular these days is punishment.