Sine_Fine_Belli@lemmy.world to pics@lemmy.worldEnglish · 10 months agothey are not wronglemmy.worldimagemessage-square57fedilinkarrow-up11.04Karrow-down115cross-posted to: ehbuddyhoser@sh.itjust.works
arrow-up11.03Karrow-down1imagethey are not wronglemmy.worldSine_Fine_Belli@lemmy.world to pics@lemmy.worldEnglish · 10 months agomessage-square57fedilinkcross-posted to: ehbuddyhoser@sh.itjust.works
minus-squaretoastmeister@lemmy.calinkfedilinkarrow-up1arrow-down2·edit-210 months agoThe price hike causes inflation, as the tariff is passed on to consumers. Interest rates control the growth in the money supply, with less physical money available the velocity of money slows and prices fall, which causes deflation.
The price hike causes inflation, as the tariff is passed on to consumers. Interest rates control the growth in the money supply, with less physical money available the velocity of money slows and prices fall, which causes deflation.