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The point is not to balance a budget. The point is to rein in persistently triple-digit inflation. Everyone wants to have their cake and eat it too, but the r
by StevePerkins 2y ago
The point is not to balance a budget. The point is to rein in persistently triple-digit inflation. Everyone wants to have their cake and eat it too, but the reality is that you fight inflation by cooling economic activity for a period.
- Daishiman 2y agoA 30-40% real drop in economic activity and a reduction by half in purchases of medical consumer items isn't "cooling"; it is an active destruction of the real economy that has absolutely no rationale.
- iraqmtpizza 2y agoYou literally just made that up. You probably think that everyone's salary got cut in half when the government stopped lying about the value of their currency.