They still hold that the current situation is due to the proletariat overspending so they’ve only got one stick to use - interest rate increases. Personally I don’t think they don’t understand the role of “greed-flation”, it just doesn’t benefit them or the govt to try and tackle it.
They still hold that the current situation is due to the proletariat overspending so they’ve only got one stick to use - interest rate increases. Personally I don’t think they don’t understand the role of “greed-flation”, it just doesn’t benefit them or the govt to try and tackle it.