Can Deflationary Economics save your Economy?
It has been thought about, many scholars, and myself, talking over a beer and a few barbeque steaks... Can Deflationary Economics, save, a countries economy? What does this mean. It means, cutting, wages by 0.5 % to 2 % year... It means, companies, follow suit to reduce their costing by the same labor reductions... It has to go on, for, at least, 20 to 50 years to see a real incredible change in value of lifestyle and goods. That benefits the worker. But, sure, it decreases pricing in your country, but, people will be in short pain for quite some time, in experiencing a smaller paycheck year to year... Thereby, the reason, to reduce the percentages by very small amounts, year over year... To try to minimize the shock.... In having, 5 to 10 % reductions, are painful, and will definitely put your economy in a heap of trouble. Once again, you reduce the wages, by even a very small amount, the stock ma...