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Progressive Economy Forum - How To End The Cost Of Living Crisis

Politics Theory Other

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The Theory of Inflation

Central banks suppose to doa with inflation er that we er that whatever they're doing, tinkering with interest rates, isnt working. And so therefore they have to jam interust rates very high, very rapidly and squeeze as hard as they can on the amount of money available in the economy. This will force companies to put up prices a then people ask more wages, then ies or pot prices again. The only way out of this is to do something t that students of cnby history will know about as the volka shockin in america. That's the theory behind whole thing.

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