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Can you expand on that? I don’t understand on what basis that could be true, unless it’s a purely aesthetic one.
by barry-cotter 4y ago
Can you expand on that? I don’t understand on what basis that could be true, unless it’s a purely aesthetic one.
- smitty1e 4y agoA current piece of legislation in the U.S. is "The Inflation Reduction Act". Whether or not the real-world result of the policy would achieve even a modicum the stated intent has little impact on the package's likelihood of passage into law.
- blippage 4y agoI'm from UK, so it's the first I've heard of this. It seems that their solution to curbing inflation is by spending money. Hmmm. The concept that you can battle inflation by passing laws strikes my as deluded in the extreme. Battling inflation comes from sound economic principles (that you learn from your mother, not some economist). You simply can't will away inflation. If you really want to battle inflation, just follow Warren Buffett's suggestion: you're no longer eligible for re-election if inflation exceeded 5% during your tenancy.