All economic issues hurt the poor the most. Inflation? Bad for the poor. Deflation? Sounds good until you remember that deflation leads to jobloss which is overwhelmingly bad for the poor. Etc. etc.
I can’t read this article because it’s behind a paywall btw. So just responding to the headline here…
All economic issues hurt the poor the most. Inflation? Bad for the poor. Deflation? Sounds good until you remember that deflation leads to jobloss which is overwhelmingly bad for the poor. Etc. etc.
I can’t read this article because it’s behind a paywall btw. So just responding to the headline here…
Here’s an archive link.
https://ghostarchive.org/archive/BhiKi
Thank you very much! Its a good read.