Occasional Tweets: The basics about inflation (V)

 

#LearnEconomics#Inflation

The macroeconomic #LawOfSupplyAndDemand and the #ProfitLaw tell one exactly how avg #Price P & total #Profit Qm move as a function of avg #WageRate W, avg Productivity R & overall #DeficitSpendingMoneyCreation ρE. pic.twitter.com/8MhdQc0QVR

— E.K-H (@AXECorg) May 5, 2023

For more about inflation see AXECquery.