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Seth Wiggins
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It could also be a perfectly rational strategy to further increase demand. All press is good press, and the sight of long lines could be increasing demand long into the future. I know what a Tickle-me-Elmo is only because of its jump in demand years ago...
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A rise in interest rates would shift the AD curve left, not right - but falling taxes and increasing govt spending would shift it right. But yeah, it seems like we might be getting a collective lesson in the Phillips curve sometime soon. Interestingly, macroeconomic orthodoxy might shift to the democrats...
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"Wealthier nations will freeze production" Too easy.
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Jan 26, 2016