Oddbean new post about login | logout Like most people here you're arguing from the point of the consumer. But lower prices across the bank will mean lower prices that workers can demand for their labor too. I.e falling wages.
Nominally, sure. Still puts the worker at an advantage that they didnt have though. An employer has to justify paying you less, instead of you having to justify getting a raise. Ill take making a lower number if my purchasing power is mostly not affected though lol