Conventional theory dictates you will hit a recession if your people aren't making money. In order for people to make more money, inflation is a necessary byproduct.
But that’s the problem people aren’t making money inflation isn’t a byproduct when there’s no product being made it’s become the product the new byproduct being mass layoffs stagnant wages a terrible job market. This isn’t conventional theory anymore
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u/AdRich6641 8h ago
Conventional theory dictates you will hit a recession if your people aren't making money. In order for people to make more money, inflation is a necessary byproduct.