Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Wary
on 13/03/2014, 02:31:24 UTC
a paradigm shift occurred around 1970 when productivity, employment rates, and wages decoupled.
Look at it from global perspective and you'll see the opposite: gap between West and China is closing, both in productivity and wages. Nowadays the world's Gini is much better than it was in 1970s. As for employment, it's thanks to governments. There is no involuntary unemployment in free market.