[argentinian]

> Inequality increases the pool of wealth with which "haves" may bid up the prices of commodities, real property, and services. And they do, effectively increasing demand. Transitively, inequality drives inflation, i.e., local conditions.

Impossible if there's competition between producers and it's at world scale.

> What if some people are just bad at doing things for themselves?

Tyrannies begin with those kind of ideas.

And inflation is a General increase in prices, not the increase of a specific good.

[59percentmore]

>Impossible if there's competition between producers and it's at world scale.

That's a goalpost move if I've ever seen it. Maybe a No True Scotsman fallacy, too.

Geography confers varying conditions at world scale. Hence, "local" is the window. And producers create cartels unless regulated; wealth accrues to itself, capital returns more than labor. Piketty.

>Tyrannies begin with those kind of ideas.

You can't see me but I'm rolling my eyes.