🚨 | If the world grew more food, produced more energy, and stopped limiting oil production the #CostofLiving is fixed.
💥 Supply is reason for inflation not demand.
We don't suddenly want to eat more, use more energy or drive more.
Increasing interest rates don't fix it.
💥 Supply is reason for inflation not demand.
We don't suddenly want to eat more, use more energy or drive more.
Increasing interest rates don't fix it.
We do of course use more energy and oil than during the lockdowns imposed by Governments.
It makes me wonder if the companies are screwing us over for the money back they lost - its how business work.
But the world is not that much different to 2019.
It makes me wonder if the companies are screwing us over for the money back they lost - its how business work.
But the world is not that much different to 2019.
As Mervyn King explains, printing load of money during lockdown a key problem in inflation.
Punishing families who work hard to buy a home is not the way.
Punishing families who work hard to buy a home is not the way.
https://twitter.com/statsjamie/status/1584653478252904449?t=1mjYmb8Ro9U_3pV4V0PDbw&s=19
The biggest drivers of world inflation are energy costs, food prices (not helped by energy) and oil.
Fix them you fix the current crisis.
Fix them you fix the current crisis.
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