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re: Why so much talk of raising minimum wage? Why no discussion on cost of living?

Posted on 5/10/14 at 12:59 pm to
Posted by GumboPot
Member since Mar 2009
119380 posts
Posted on 5/10/14 at 12:59 pm to
quote:

Is inflation like entropy, in that it can never be reversed?


Do you even Federal Reserve?


Seriously, the answer to your question is no. For example during the 2008 financial crisis we had lots of deflation.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/10/14 at 2:10 pm to
That's interesting, because I seemed to still have to spend a similar amount of money to live.
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