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Demand Destruction = Poor Choice of Words
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Demand Destruction = Poor Choice of Words
The term "Demand Destruction" strikes me as a bit absurd. For example, let's say Bob & Joe are going to make a simple trade. Bob produces apples and Joe gives haircuts. The terms of the trade are 10 apples for 1 haircut. Bob's supply...
Published
Fri, Aug 08 2008 1:43 PM
by
ChrisR
Filed under:
inflation
,
supply and demand