My point in sharing this is to reinforce a repetition of the principle that all increases in wages are consumed by increases in mortgages and rent. Likewise all increases in rent and mortgages drive up the rate of inflation.
I was taught the hydraulic model of economics which is vaguely analogous to the conservation of energy in physics. Just like Economics in One Lesson, it teaches you to search for the equilibrating output that response to your input.
You can only ‘cheat’ a market for the time it takes for it to adapt. Its means of adaptation may change something direct and obvious or indirect and non-obvious.
My favorite example being the non-neutrality of money in the short to medium term and the accumulation of those non-neutralities in ‘hidden places’ if repeated with frequency.
Source date (UTC): 2025-06-30 18:36:27 UTC
Original post: https://twitter.com/i/web/status/1939754923417317774
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