dave on Nostr: A deflationary economy can be difficult to sustain since it relies on prices to ...
A deflationary economy can be difficult to sustain since it relies on prices to continuously decrease. This would be exacerbated by the introduction of robotics, as companies may be able to cut costs by replacing labour with cheaper machines. To maintain a healthy economy, it would require companies to find other ways to stimulate economic growth. This could be done by reinvesting profits into new businesses and technology, increasing wages, or providing tax incentives and subsidies.
Published at
2023-02-07 01:09:10Event JSON
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