30.04.2020
"..what if we let deflation happen and prices just kept going lower and lower? And as jobs fell out of the market, you didn't have to have this massive transfer of wealth from the rich to the poor to be able to drop the people that were left off the path of deflation? Because if it's true that technology is going to do more and more of these jobs, wouldn't it seem logical to build a society where we can benefit from that technology instead of stuck in an old framework, where we have to drive higher pay and higher, and higher-paying jobs when we know they're not going to be there?"
-
Jeff Booth. The Fed's Losing Battle with Deflation (2020)
Before Ben Bernanke made the official declaration that the Fed is, in fact, targeting inflation, economists and governments around the world have counted on it to manage ever-increasing debts. Jeff Booth, author of “The Price of Tomorrow,” argues that they are fighting an inevitably losing battle.
https://youtu.be/F8lfLqnhuGs
"..what if we let deflation happen and prices just kept going lower and lower? And as jobs fell out of the market, you didn't have to have this massive transfer of wealth from the rich to the poor to be able to drop the people that were left off the path of deflation? Because if it's true that technology is going to do more and more of these jobs, wouldn't it seem logical to build a society where we can benefit from that technology instead of stuck in an old framework, where we have to drive higher pay and higher, and higher-paying jobs when we know they're not going to be there?"
-
Jeff Booth. The Fed's Losing Battle with Deflation (2020)
Before Ben Bernanke made the official declaration that the Fed is, in fact, targeting inflation, economists and governments around the world have counted on it to manage ever-increasing debts. Jeff Booth, author of “The Price of Tomorrow,” argues that they are fighting an inevitably losing battle.
https://youtu.be/F8lfLqnhuGs
0
У записи 1 лайков,
0 репостов,
63 просмотров.
0 репостов,
63 просмотров.
Эту запись оставил(а) на своей стене Алексей Дурнев
