hrusraj Raj
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How TO Earn Money Online
There is no doubt that the internet has changed the world. It destroyed many jobs but, at the same time, provided opportunities that no one ever thought possible just a little over 20 years ago. In fact, internet created world's richest people starting from Bezos to Zuckerberg. And year after year, it starts to play an even more important role in our lives.
By hrusraj Raj5 years ago in Lifehack
What is Stagflation
“For the engine which drives enterprise is not thrift, but profit.” — John Maynard Keynes The year is 1931. The US economy is in crisis. Unemployment is on the rise. Investing for the future is an afterthought. And the government doesn’t have a clue on how to battle deflation. Yes — deflation. Unlike inflation, where you’re constantly worrying about price increases each day; with deflation, you’re looking at a broad-based decline in prices. You don’t know what’s happening around you. This stuff is unprecedented you think. The only problem is it’s not. See, most economists at the time believed this was the natural order of things. When the economy isn’t buzzing with activity anymore, people get fired and they tend to focus on saving money as opposed to spending it. And as demand for goods and services plateau, prices tend to decline in tandem. Also, businesses won’t have any real incentives to produce anymore. After all, if prices keep tanking each day, its fair to assume their margins aren’t plush. So they’re constantly thinking about downsizing, in effect, contributing to unemployment woes. And so, the cycle continues.
By hrusraj Raj5 years ago in Trader
