Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

"zero-percent inflation" relative to some particular basket of goods. If efficiencies and demand change to make that basket relatively less expensive than other things you care about (like land), you'll expect positive inflation in real terms. Negative inflation is possible the other way (e.g., if other baskets of goods wind up being more amenable to automation and the demand curve isn't too inelastic).


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: