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What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it

Arthur Laffer

Arthur Laffer Biography

  Nationality: American
Type: Economist

Born: August 14, 1940
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