Is the only chance of reprieve to get paid more?
In: 344
The entire nineteenth century saw the cost of living go down due to the industrial revolution. Productivity soared and people got richer at a pace previously unmatched in history. They even saw the dreaded price deflation and yet it wasn’t the doom and gloom so many still believe it would be.
Imagine the horror of lower priced consumer goods. I shudder just thinking about it.
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