Economic question: if the economy improves in the future, for instance inflation is eliminated, will prices of goods go down? - The Great Awakening

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Economic question: if the economy improves in the future, for instance inflation is eliminated, will prices of goods go down?

posted 66 days ago by Dumbpassword 66 days ago by Dumbpassword +37 / -0

We just spent $100 for lunch at Chili's. Would Chili's ever lower the price of their hamburger to pre-inflation prices?

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– kosher 4 points 66 days ago +4 / -0

Money itself has a supply and demand curve so the other side of the equation is the monetary supply and money velocity. MV=PQ. This is how Milei is halting inflation in Argentina by restricting money velocity. He is doing that by limiting ATM withdrawals to $45 a day.

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