Skip to content
Archive of entries posted on 14th December 2021

Down again. Inflation is the reputed culprit. There are some bright spots.

The way you kill inflation is to kill the economy. Inflation happens when there’s more demand than supply. if you raise interest rates, then people won’t borrow so much and hence will buy less. So prices (and inflation) will fall. Economists call this the monetary approach to inflation. They never address supply. That’s always a […]