to prevent stagflation

Wow

Which is what Democrats wont tell u

as wages increase constantly

so will prices for companies and firms to readjust to worker's wages

then it'll be harder to hire new people

and etc

it's a cycle of doom

that Keynes people couldn't resolve

Where the demand for goods is higher than the supply of goods

Where did you get all this information from

BUT

economic classes

the main issue of stagflation

was essentially two problems

Unemployment and Inflation

Whichi s where stagflation comes from

Economy STAGnates and high inFLATION rates.

Yeah ik

Ye

And at the time

I see

Everyone thought they were mutually exclusive

High inflation meant low unemployment

High umemployment meant low inflation

But both happened at the same time

<a:bcaCuriousInspect:548524850277515331>

So any policies meant to address either

Made the other situations worse

Interesting

Simple solutoon then

Handle the indirect causes

Of inflation

And unemployment

Which was what reaganomics did

Trickle down?

No

Bad meme word

Supply side

Economics