Re: the aggregate demand curve

[FICHTENBAUM]

Doug H. writes:
>
>I thought Keynes liked the idea of inflation subtly lowering real wages.
>Is this a Marxist slander against him?
>

Keynes may have liked the idea and was honest enough to admit it.

But I was referring to standard textbook treatment of the 
issue.  Are there standard textbooks that make the argument
that inflation is a good way of lowering real wages?

Rudy


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