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So, if our economy were to be immediately influenced by inflation efforts (say wages and costs automatically tracked it to the day)... then what? Though that's
by Groxx 14y ago
So, if our economy were to be immediately influenced by inflation efforts (say wages and costs automatically tracked it to the day)... then what?
Though that's kind of crazy, it's far from a possibility. And, given the increasingly-global nature of business, anything like online sales could easily track this to the minute by watching exchange rates. It's definitely not there yet, but it almost seems inevitable given time.