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Old 12-11-2017, 20:18   #77
RichardCoulter
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Join Date: Jan 2008
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Re: Where are we all going to work?

If people become much poorer they will have less to spend.

If employers use robots to cut costs, they will have have to pass these cost savings on to reduce the prices.

There would be a real danger of 'negative inflation' which would be disastrous for the economy.
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