Inflation mystery. An Aha! moment for me.
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So, this is going to be real hyperinflation (aka overwhelming poverty) rather than nominal? That's a scary thought. While things will no doubt get more expensive, I don't think I believe that. I'm pretty sure Americans will be at least roughly as productive tomorrow as today, at bare-bones minimum.

What was the "aha" realization?

-Jester

Afterthought: I do love this - "I tend to think about demand as air pressure inside a closed box. At some point, the box responds and adds a new major, or program." I'd say air-filled boxes don't usually determine policy at universities, but given some of the decisions I've seen, maybe you're on to something.
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RE: Inflation mystery. An Aha! moment for me. - by Jester - 06-28-2011, 09:14 AM

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