so in your supply and demand world tempest, isn't excess of supply the leader of low prices ?
Tightening of supply and prices go up ?
Why on Earth would wages be any different WRT unemployment ?
And why do (private) reserve banks remove capital from the system whenever drop in unemployment threatens wage rises ?
Tightening of supply and prices go up ?
Why on Earth would wages be any different WRT unemployment ?
And why do (private) reserve banks remove capital from the system whenever drop in unemployment threatens wage rises ?