Inflation is raging because globalisation is fading (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
October 03, 2022, 05:58:12 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  Economics (Moderator: Torie)
  Inflation is raging because globalisation is fading (search mode)
Pages: [1]
Author Topic: Inflation is raging because globalisation is fading  (Read 875 times)
Overturn Dobbs
Beet
Atlas Star
*****
Posts: 27,889


« on: August 05, 2022, 02:05:51 PM »

Well it's no coincidence that the era of low inflation was the era of globalization, and the same was true for the first era of low inflation (or deflation) during what we now know of as the Victorian and Edwardian periods. One thing that has become apparent in recent years is that economic logic and political logic do not go together. Economics in the aggregate is a rational discipline, and the best economics integrates the world because that is the most efficient way to produce more at a lower cost. Politics on the other hand is full of human emotions, particularly the bad ones, and include pride, fear, anger, disgust, tribalism, and all the rest, and is the opposite of rational. Therefore in some ways, politics and economics are opposites.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.029 seconds with 14 queries.