Re:Do High Interest Rates Fix High Inflation?
by H8crilA on Wednesday June 14, 2023 @02:54AM
(#36322371)
Seriously, it's no longer even funny to us Europeans how bad your infrastructure is. I always thought it's because the population density is much lower in the US, but I don't believe any more that it is the primary reason.
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Re:Do High Interest Rates Fix High Inflation?
by nayuki on Wednesday June 14, 2023 @03:17PM
(#36331112)
No, it is due to population density. If your country has 2× or 4× the amount of road area per capita but not correspondingly more taxes per capita, the infrastructure is going to suffer. Strong Towns ( https://www.strongtowns.org/ ) has many articles on this topic.