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Quote by Paul Krugman

“If the price of everything is going down, that's going to include wages as well. People will have an incentive to sit on their cash and not spend it.”

Quote by Paul Krugman

Author

Paul Krugman is a renowned economist known for his contributions to macroeconomic policy and international trade. He won the Nobel Prize in Economics in 1991 and is considered one of the leading figures in the New Keynesian economics school. more

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Book:The Works of George Herbert ... Edited by the Rev. Robert Aris Willmott, etc

Source: The Works of George Herbert ... Edited by the Rev. Robert Aris Willmott, etc