The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.
Yet we produce more than ever per hour. So by that account either prices should decrease over time to reflect that, or our wages should be going up. :D
Yet we produce more than ever per hour. So by that account either prices should decrease over time to reflect that, or our wages should be going up. :D
Exactly, prices should go down over time as output increases for the same amount of labor!