4 ms·
I'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 battl
by blippage 4y ago
I'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.