I keep pushing back on two types of NPCs:
1) The right-leaning type of NPC that thinks all the inflation occurred because of the Biden Administration. Price inflation comes with a lag from money-prin...
welcome to the human race
they've been printing 7% more money for decades
productivity growth typically is 5%
7% - 5% is 2%, the targeted rate of inflation but really it should be negative 5%, which works just fine in the software or computer industry
they've been printing 7% more money for decades
productivity growth typically is 5%
7% - 5% is 2%, the targeted rate of inflation but really it should be negative 5%, which works just fine in the software or computer industry
❤️2