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adamson

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adamson
·7 jaar geleden·discuss
I guess you'd have to see historical margins to make any sort of reasonable projections, but I think GP is saying that they've so increased their unit margin on the ride-hailing to near zero that it's dishonest to say they're running it a massive loss and have no route to profitability.
adamson
·7 jaar geleden·discuss
I’m not aware of any evidence that that’s actually the motivation behind preventing deflation. Just about every economist will tell you that deflation is undesirable because it incentives hoarding accumulated currency rather than investing it in productive capital because of the decreasing value of production relative to currency.