Quote:
Originally Posted by elphenor
but to explain the part of the equation you're missing, when demand for consumer goods goes up, for example if the average household income increases such that those goods become affordable, supply goes up as well keeping prices relatively even while simultaneously employing more people
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That works if it's natural wealth growth or maybe in the short run - the other alternative being price hiking. But essentially all that would happen is that wealth would be transferred back to those corporations who supply the goods people want and we are back to square one.
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