| Title | : | Increasing the money supply creates inflation. |
| Lasting | : | 0.23 |
| Date of publication | : | |
| Views | : | 2,7 rb |
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What happens is you decrease the value of labor! Because the cost of things go up, while the value of labor generally stays the same, and takes a while to catch up, and as it catching up, it also is increasing the cost of the goods via labor Because labor is the most expensive part of, any production process Comment from : Brett Marshall |
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You’ve got a completely backwards exclamation the money equals a labor!brbrLabor equals moneybrMoney equals labor brbrThe goods are irrelevant!brbrBecause when prices get too high people stop buying a lot of goods they want, and only goods they need So the goods are completely irrelevant Comment from : Brett Marshall |
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