THE WAY tO CUT INFLATION IS TO INCREASE INVESTMENT, INCREASE PRODUCTIVITY BY FULLY AUTOMATION, SO THAT EVERYONE BENEFIT , THE RICH AND THE POOR.; bUT , NOW, THE GOVERNMENT IS DOING THE OTHER WAY AROUND, I.E REDUCE THE DEMAND BY RATE HIKE, PUSH THE ECONOMY INTO RECESSION , SO THAT MORE PEOPLE LOST THEIR JOBS, AS A RESULT THE DEMAND IS REDUCED, AND INFLATION GOT CONTROLLED; BUT MORE PEOPLE GOT HURT , ESPECIALLY THE MIDDLE CLASS.
tO CUT INFLATION YOU CAN EITHER
1) iNCREASE SUPPLY OR
2) cUT DEMAND,
THE GOVERNMENT CHOOSE 2) , BUT i PREFER 1) , SO THAT EVERYONE BENEFIT !!!! |