Why Nostr? What is Njump?
2023-11-10 20:45:25
in reply to

Harvey ☕♫ on Nostr: npub10taty…ksw7k More immigrants means increased supply of labor, lowering wages ...


More immigrants means increased supply of labor, lowering wages and increasing production, therefor increasing supply of goods and lowering prices. Living standards still go down as these poorer workers get averaged into the statistics.
Inflation is due to governments printing too much money.
Author Public Key
npub1ac0fwdh23lmp9u53u5m0y622rxru804s2yrgrdq9vvs3ffgx0pes064dex