coachemma on Nostr: I recently gave a presentation about Bitcoin to an academic audience highlighting the ...

I recently gave a presentation about Bitcoin to an academic audience highlighting the disparity of wages/incomes and houses prices in a western setting. A comment was made about sticky prices and wages. If I am understanding the theory correctly house prices for example are more sensitive to economic changes and wages in contrast lag. If this is indeed true then doesn’t this mean that inflation is bad then?

As a non-economist, to me it seems clear that on a Bitcoin standard wages paid in bitcoin would rise overtime and prices would fall due to deflation and the monetary premium of things such as houses would go down thus reducing the disparity between wages and house prices. Would sticky prices in wages/income still be a concern in a Bitcoinized world if we do get there?

Trying to understand this better as I refine my presentations on Bitcoin.