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Stimulating consumption is though. We need to be creative. Prices in supermarkets are typically in $/lb. That is so that people who know how much they need can calculate how much it will cost. What if instead all prices were written in how much we can buy for one dollar? There are of course examples,
but what I am suggesting is a consensus to change all prices. This could be a fresh outlook for consumers and stimulate the economy.
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Innumerate people will think prices are going down, so they'll buy more, which will stimulate the economy. |
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