Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,535
edits
Changes
→Political instability
To an able-bodied person living on the dole with automatic "cost of living increases," the rate of inflation makes no difference. Whereas to a worker, saddled with the cost of supporting everyone who receives government support or subsidies, the dollar value of their labor to support themselves diminishes in real time.
To an able-bodied person living on the dole with automatic "cost of living increases," the rate of inflation makes no difference. Whereas to a worker, saddled with the cost of supporting everyone who receives government support or subsidies, the dollar value of their labor to support themselves diminishes in real time.
A drug-addicted thief, for example, having invested nothing in terms of time and labor to acquire the item or commodity they steal, the value of the item or commodity means nothing other than the amount of illegal drugs the item or commodity can be exchanged for.
A drug-addicted thief, for example, having invested nothing in terms of time and labor to acquire the item or commodity they steal, the value of the item or commodity means nothing other than the amount of illegal drugs the item or commodity can be exchanged for. Whereas to a worker, they must calculate exactly how many hours they must labor to afford a car payment in order to drive to work. Inflation diminsihes the value of their labor, and increase the number of hours the worker must spend on the job to afford the car payment, and diminishes so-called "discretionary spending".
==Measures of inflation==
==Measures of inflation==