Ever notice how efforts to reduce inflation are always done from the demand side (increase borrowing costs and higher unemployment) and not from the supply side (more supply to bring down prices)? Its always a one sided policy that hurts the middle class the most.
“Ever notice how efforts to reduce inflation are always done from the demand side (increase borrowing costs and higher unemployment) and not from the supply side (more supply to bring down prices)? Its always a one sided policy that hurts the middle class the most.”
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You make a interesting point, a point I’ll look into when I get more time to do some research.
IMO even if they wanted to increase supply, they don’t have a sufficient supply of labor to achieve this feat at this moment in time.
I hope this incrementally changes in the future.