According to some economists, we need more unemployment in Australia to get inflation under control. But, Gareth Hutchens asks, do they know how jobseekers are treated?
File this under “I’m got mine, the rest of you can sod off”!
They’re stating the obvious. To curb inflation, we need to reduce the supply of money in the economy. We can also active this by taxing the shit out of the top end of town and corps.
We can also stop the destruction of the environment nearly completely by mass suicide. That does not mean that this is good idea.
You do not need to “decrease the money” supply to fight inflation. What do you think the relation between these two is? Because, fun fact, the money supply is already decreasing in Australia, however prices are still going up.
They’re stating the obvious. To curb inflation, we need to reduce the supply of money in the economy. We can also active this by taxing the shit out of the top end of town and corps.
but if we do that, how will they be able to afford their suicide trips on imploding submersibles?
Crowdfund it.
We can also stop the destruction of the environment nearly completely by mass suicide. That does not mean that this is good idea.
You do not need to “decrease the money” supply to fight inflation. What do you think the relation between these two is? Because, fun fact, the money supply is already decreasing in Australia, however prices are still going up.
https://tradingeconomics.com/australia/money-supply-m0