No, it's EXACTLY the other way around.. the new supply-demand equilibrium fixed in a LOWER price index will benefit the poorest ones, while not affecting the richest ones.
About your first line,...
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Type: Posts; User: RoydMorgan13
No, it's EXACTLY the other way around.. the new supply-demand equilibrium fixed in a LOWER price index will benefit the poorest ones, while not affecting the richest ones.
About your first line,...
Well, first because people are stupid, it doesn't matter how much you raise a price, the trade will fit to the supply-demand equilibrium. The market prices are not the offer price, but the trading...
Guys... halving gold does not generate inflation, but deflation (reducing the money supply, raises the money value).
Clearly you don't know the slightest thing about economics...