Re:Bad government policy is fueling the infant formula shortage
by nostromo on Saturday May 14, 2022 @04:49PM
(#31382222)
I'm well aware the cause of inflation is bad monetary policy.
But now we have two options: control inflation by causing a severe downturn that will be painful, or control inflation with supply-side economics.
We need to match supply and demand -- either by reducing demand with a recession, or by increasing the supply of goods and services. Increasing the supply side of the equation will be better for everyone.
But now we have two options: control inflation by causing a severe downturn that will be painful, or control inflation with supply-side economics.
We need to match supply and demand -- either by reducing demand with a recession, or by increasing the supply of goods and services. Increasing the supply side of the equation will be better for everyone.