And if the decline in nominal wages signals that there is an excess supply of labor, matters only get worse. General deflation eliminates the capital of yet more financial intermediaries, and makes risky an even larger share of assets that had previously been regarded as safe.
价格的崩盘对我们每个人的影响程度或许不同，但价格体系的变化却对实体经济产生一定影响。价格体系变化告诉我们：停止有风险的产品，不要再参与新的有风险性行为。