Jump to content

Planned Minimum wage rise.


Recommended Posts

Has it ever gone below 2%?

 

It's even been negative, ie. deflation in the Great Depression.

 

Graph - http://www.economicshelp.org/wp-content/uploads/blog-uploads/2011/02/inflation-1910-2010.jpg

 

You really don't want deflation because money becomes worth more over time. It might sound like a good thing, but what happens is no one spends any money because it will be worth more later.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.