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0 pointsCydeWeys7y ago0 comments

If there isn't a market for it then there isn't a shortage of labor -- the correct equilibrium point has been found. And yet, they're claiming a shortage. They want to eat their cake and have it too.

0 comments

conanbatt7y ago

If the amount of workers is down, and the wages are similar or up, then you have a "shortage". In comparison to the point you measure of course.

Construction pays rather well actually, though it does have high strain on the body.

mozumder7y ago

And this is how you cause an economy to collapse, by raising inflation.

The market doesn’t know what’s good for it. It’s only interest is the immediate short term.

zaccus7y ago

Inflation provides an incentive to not hoard cash. As long as it's under control, it's not a bad thing.

conanbatt7y ago

If I tell you im burning your wallet at the end of the day, will your spending be better or worse?

We can test this :)

j / k navigate · click thread line to collapse

0 pointsCydeWeys7y ago0 comments

If there isn't a market for it then there isn't a shortage of labor -- the correct equilibrium point has been found. And yet, they're claiming a shortage. They want to eat their cake and have it too.

0 comments

conanbatt7y ago

If the amount of workers is down, and the wages are similar or up, then you have a "shortage". In comparison to the point you measure of course.

Construction pays rather well actually, though it does have high strain on the body.

mozumder7y ago

And this is how you cause an economy to collapse, by raising inflation.

The market doesn’t know what’s good for it. It’s only interest is the immediate short term.

zaccus7y ago

Inflation provides an incentive to not hoard cash. As long as it's under control, it's not a bad thing.

conanbatt7y ago

If I tell you im burning your wallet at the end of the day, will your spending be better or worse?

We can test this :)

j / k navigate · click thread line to collapse