Re:Analysis finds Australia’s inflation being driven by comp...
by rightbyte on Saturday February 25, 2023 @06:08AM
(#34935696)
> There are only 3 ways to decrease inflation: ... - Interest rates ...
Why is this taken as a fact? You hand out money to people with money. It is a zero sum game.
The reason you need to increase rates with inflation is to make it viable to sit on the currency. Otherwise you need to sell it as fast as possible to avoid inflation.
Why is this taken as a fact? You hand out money to people with money. It is a zero sum game.
The reason you need to increase rates with inflation is to make it viable to sit on the currency. Otherwise you need to sell it as fast as possible to avoid inflation.