1. Forget what you hear on the news and just focus on what I said regarding supply/demand.
2. If you cannot afford to borrow money you cannot spend as much.
It’s no more complicated than that. Anything more and you are over complicating the issue.
My disbelief is that government only has one tool to fight inflation. Raise interest rates. I do understand supply and demand. Thanks for the education
1. Forget what you hear on the news and just focus on what I said regarding supply/demand.
2. If you cannot afford to borrow money you cannot spend as much.
It’s no more complicated than that. Anything more and you are over complicating the issue.
My disbelief is that government only has one tool to fight inflation. Raise interest rates. I do understand supply and demand. Thanks for the education
If you understand inflation then what other strategies do you think the “government” can implement?
I don't know, that is why I asked. I can't believe the only response is raise interest rates.
Believe it.