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... No. That's not how those numbers are related. Consider a case where I give every US citizen $500/mo, and a software engineer makes an additional $5000/mo. T
by fennecfoxen 12y ago
... No. That's not how those numbers are related. Consider a case where I give every US citizen $500/mo, and a software engineer makes an additional $5000/mo. Then 11 unemployed persons have the same spending power as a software engineer, which is markedly different from 0...
- Kiro 12y agoWouldn't it lead to massive inflation making those $500 practically worthless? The engineer's nominal salary would rise meaning you would need a magnitude more unemployed persons to have the same spending power.