JamesianP

23 ms·

1. 211.▲
   by JamesianP 4y ago

   Ok. Now the stripper can't afford to buy food and there's less demand for essentials after all. I'm still not getting how this helps?
2. 212.▲
   by JamesianP 4y ago

   Strippers need to eat too though. Maybe I missing your argument. Isn't the point of lowering one's lap dance prices to get more customers to buy them?
3. 213.▲
   by JamesianP 4y ago

   You can also cause deflation by increasing productivity, which happens in a growing economy. More competition finds more efficient ways to produce.
4. 214.▲
   by JamesianP 4y ago

   It's not so simple though since there's indirect effects that immediately follow. 1. Everyone consume less. Even rich people have to buy less of something else to pay for the higher-priced gas. So demand goes down elsewhere drivin
5. 215.▲
   by JamesianP 4y ago

   Seems more like a good thing you've turned upside down. As long as some R&D has an average payoff that outperforms the rate of deflation, people will be motivated to take the risk. Deflation would disproportionately hurt risky inve