34/ If the firm has 100 employees each earning $10/week, it's paying out 1,000 apples worth of wages per week. We'll ignore cost of goods sold, rent, etc.
has the US had to do that over the last quarter of a millennium ?
-
-
Rule of 72 says that at 2% prices will double in 36 years, so you'll have to drop a zero once every hundred-ish years. Once every fifty years if you let inflation be 4%, but that's (IMHO) a terrible place to let inflation stay. So not really a big deal, IMHO.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.