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The average population doesn't care about a solution to inflation. They will vote for quick hacks like price ceilings, which are especially popular in the form
by imtringued 3y ago
The average population doesn't care about a solution to inflation. They will vote for quick hacks like price ceilings, which are especially popular in the form of rent control.
Also, whenever there is inflation, the average voter blames the most prominent politician currently in charge as if he was centrally planning the economy.
The current situation is an indirect expression of what voters believe about inflation. An inflation free currency would require paying for liquidity and god forbid paying for services you personally benefit from. That would be socialism, right?