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Old 26th July 2022, 12:15     #4
DrTiTus
HENCE WHY FOREVER ALONE
 
Lightbulb

A bit of credibility to my non-economist observations...


Source: Mises Institute - Interest rate tightening will cause even more economic destruction

Note our production capacity is reduced from labour shortages (COVID) and supply shortages (Ukraine + COVID + climate targets), so we are unlikely to produce our way out of inflation. Further price increases are likely.
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