How Computer Technology Is Getting Better

Inflation is caused when more money is put in circulation than the amount of goods and services. Couldn't you also fix inflation by simply growing the real economy so that the amounts of and services grows to match the money supply? In theory, yes. That's essentially what japan did in the 19 seventies. And we're blessed to live in a period in world history in which population growth and technological innovation have allowed the real economy to expandMore people means both more workers and more consumers, which increases the size of the real economy. Improved technology means productivity gains per worker, so that a single worker can provide more goods and ser es than before. These are great things, but you