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Feel Better:Complain About Anything, page-94346

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Joannie

13,272 Posts.

730

06/11/22

17:37

Post #: 64615173
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Originally posted by discursive: ↑

not communist as there would be no limitation to earning potential. But rather capped spending, this is not too far fetched.

The economy is different. Up till the 90’s we’s all worked till we were 60 odd, we all had one house and investing wasn’t so dominant. If you hit interest rates than, you hit a large chunk of your populous.

So much diversity in today’s economy, it’s hard to execute without inflicting significant pain to minorities. Interest rates are slightly more niche in how they hurt the economy, time will tell, but it will soon show it was the wrong option.

A modern approach to inflation is a subtle hit across the economy. You fight it broadly you beat it quickly. We are trying to beat a 2022 problem with a 1980’s approach, it won’t work, it won’t even be close.

I’m across this, it’s gonna get scary bad.

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Hi again,
Could you expand a little on what you mean by the following, I am interested.

A modern approach to inflation is a subtle hit across the economy. You fight it broadly you beat it quickly.
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