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The links between inequality, deflation and the unemployed

Central banks should not interpret rising wages for selected sectors as inflationary in the "third industrial revolution".
Monday, January 5, 2015 - 05:50

THERE is a rising differential between the rich and poor globally today.

The phenomenon is a direct result of two things: quantitative easing, and the displacement of human workers by machines.

The first of these two phenomena (quantitative easing) pushes up asset prices, resulting

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