Very interesting. If nominal rural wages are sticky but nominal food prices are flexible, then what does it tell us about the fragility of farm profits during deflationary episodes? I hope some agricultural economist out there explains. pic.twitter.com/IgXSds6PX3
— Niranjan Rajadhyaksha (@CafeEconomics) September 30, 2019
via Twitter https://twitter.com/CafeEconomics
September 30, 2019 at 10:12PM
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