• @doingthestuff
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    64 months ago

    To be fair- and it would clearly be a disaster - but wages for American citizens would go up. As would the cost of literally everything, and our supply lines would be shattered.

    • @michaelmrose
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      64 months ago

      Actually demand would crater after the economy collapses. Nominal wages would increase as we go into hyperinflation while adjusting for inflation real wages would be drop.

      • @doingthestuff
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        24 months ago

        Yes. Real wages would drop even with wage increases but at this point I’ve had zero raises in years to go along the inflation.