You are viewing a single comment's thread from:

RE: What Is The Economic Impact Of Technology On Monetary Policy?

All of that is true @rarej and cannot be disputed. I think you have a firm grasp as to what is taking place from a technological standpoint.

However, take it a step further: what is the impact of that on monetary policy? How are things affected in the situation you describe?

Posted Using LeoFinance Beta

Sort:  

I'm guessing consumer products affected by automation will get cheaper and maybe other products might get more expensive? This may have an impact on the average consumption power. Not sure what you're hinting at exactly to be honest. 😅