Colin on Nostr: Over time salaries will be adjusted downwards to reflect real value. People will ...
Over time salaries will be adjusted downwards to reflect real value. People will naturally resist this and gradually be paid more over time.
The amplitude of deflation will be quite small compared to inflation under a fiat system and will generally be imperceptible over generations and largely driven by demand via population growth.
Published at
2023-03-13 04:20:54Event JSON
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"content": "Over time salaries will be adjusted downwards to reflect real value. People will naturally resist this and gradually be paid more over time.\n\nThe amplitude of deflation will be quite small compared to inflation under a fiat system and will generally be imperceptible over generations and largely driven by demand via population growth.",
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