Aure's Notes
Sep 6, 2021

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The article isn't complete and makes the same mistake that 99% of articles on economics make: talking only about money.

Money is only a part of the equation in the economy, and in fact, doesn't really matter.

What matters most is PRODUCTION OF GOODS AND SERVICES since this is what the economy is based on, and the REAL indicator for inflation.

The more the economy produces, the richer the country get.

As for the wage slaves, their problem is that their work isn't scalable due to the fact they are paid per hour and not for their productivity.

Replace hour-based salary by productivity-based salary and there won't be any more wage slaves.

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Aure's Notes
Aure's Notes

Written by Aure's Notes

2X Msc in pol. science and business econ. Summarized +100 books. 25k people read auresnotes.com. From Belgium. No niche.

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