• ☆ Yσɠƚԋσʂ ☆OP
          link
          fedilink
          32 years ago

          The inflation is largely an artifact of unbridled money printing and wage stagnation. It looks like they want to lower prices by paying people even less. This will only inflame the contradictions further and eventually lead to civil unrest.

    • @[email protected]
      link
      fedilink
      22 years ago

      He doesn’t explain anything. It’s just assertions.

      You can imagine why people might link unemployment to deflation, or for that matter a dozen other things. From what he says, it doesn’t sound like he has a deeper understanding than your average armchair economist.