Karbon on Nostr: I read a theory the other day that it was labour unions that created a inflationist ...
I read a theory the other day that it was labour unions that created a inflationist economy. Employers needed to lower wages because of deflation but large labour unions wouldn’t budge. So Keynes and his cronies figured out a way to lower their wages without them knowing .
Published at
2023-07-30 22:02:10Event JSON
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