Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
Then, you know, people eventually, the wages will go up too high and they will no longer be hireable or companies will decide at these high wages, I can't hire as many workers. I'd better lay off. So if inflation keeps going, eventually over the long term, it will result in high unemployment.
0
💬
0
Comments
Log in to comment.
There are no comments yet.