Hacker News Reader

The short term pain of less people to fill low paid jobs, will mean companies are forced to pay higher wages if they want to employ people. The race-to-the-bottom employment conditions created by mass immigration are unsustainable.

View on HN

Curious how this will play it in ä global economy.

What if the global Jobmarkt was helping Britten to fill gaps?

Might this not lead to inflation?

How will it comped within a global market? How much is it losing when it can't comped against EU internal market?

I'm very sceptical and I think this might even less to a few death. And it could have been done much slower and less risky.

It will probably lead to inflation, however, a careful central bank should be able to keep it in check. In our modern economies having too little inflation is often a bigger problem than having too much. If there is too much inflation then there are lots of growth opportunities that are untapped. The problem that a lot of developing nations face is that they are unable to do the necessary investments on their own that let them grow over the long term so inflation just stays high forever.

The economy is only global until the next round of pandemic — don't you see?

Reply on news.ycombinator.com