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In the short run yes, money would be redistributed within the economy towards things poor folk like to buy, causing prices to rise. In the longer term price inc
by nazgulnarsil 13y ago
In the short run yes, money would be redistributed within the economy towards things poor folk like to buy, causing prices to rise. In the longer term price increases signal profitability and other providers enter the market or existing players compete to drive prices back towards the cost of production.