ks.234
Half way to Infinity
As I understand it, the logic of increasing interest rates to control inflation is to encourage people to save rather than spend.
But this rather presumes that the cause of inflation is too much spending.
Is it really the case that in a time when people are using food banks and having to choose between eating and heating, that there is an excess of spending going on?
Or are we being lied to?
But this rather presumes that the cause of inflation is too much spending.
Is it really the case that in a time when people are using food banks and having to choose between eating and heating, that there is an excess of spending going on?
Or are we being lied to?