This kind of leaves us in a tight place with decisions between inflation and unemployment. I think it would be best to increase the amount money in the economy like Tyler said but I think that it could have unintended consequences too.
Because of this article I think they'll have to move to a format where all contestants bid on the price of the item at the same time without knowing anyone else's bids.
Tell the Fed to pump more money into the economy. And raise minimum wage. KABOOM NO DEFLATION.
ReplyDeleteThis kind of leaves us in a tight place with decisions between inflation and unemployment. I think it would be best to increase the amount money in the economy like Tyler said but I think that it could have unintended consequences too.
ReplyDeleteBecause of this article I think they'll have to move to a format where all contestants bid on the price of the item at the same time without knowing anyone else's bids.
ReplyDelete