The main reason economists like inflation is because it allows companies to lower real wages of underperforming workers without having to actually give them a pay cut.
Yeah, I remember this part, and also the part where dath ilan don’t use it anyway, because instead they can just “order everyone to step to the right once” and accept those wages and people are sane enough to do so.
Yeah, I remember this part, and also the part where dath ilan don’t use it anyway, because instead they can just “order everyone to step to the right once” and accept those wages and people are sane enough to do so.