Both expectations and memories are more than mere images founded on previous experience.
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Nationality: Australian Type: Philosopher Born: January 6, 1859 Death: September 13, 1938 |
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