Re:UK: Food inflation rises to 18.2% as it hits highest rate...
by iamflimflam1 on Friday March 24, 2023 @03:22PM
(#35294164)
Exactly this - the current inflation is not demand driven. It is supply constraints that is causing it.
This means that the normal way of controlling inflation (e.g. taking money away from people so they can't spend it) is not going to work. And in many ways is probably counter productive as it is making supplying goods more difficult.
This means that the normal way of controlling inflation (e.g. taking money away from people so they can't spend it) is not going to work. And in many ways is probably counter productive as it is making supplying goods more difficult.