The Great Deflation of the 1800s. Prices fell and wages DID NOT.
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) May 28, 2024
Deflation is amazing for workers, bad for the established rich who DO NOT work for a living.
"The prices of most basic commodities and mass-produced goods fell almost continuously; however, nominal wages remained… https://t.co/VCjf3Cp9SB
The Great Deflation of the 1800s. Prices fell and wages DID NOT. Deflation is amazing for workers, bad for the established rich who DO NOT work for a living.
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