this post was submitted on 02 Jul 2023
80 points (98.8% liked)

AusFinance

986 readers
1 users here now

founded 1 year ago
MODERATORS
 

File this under "I'm got mine, the rest of you can sod off"!

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 16 points 1 year ago (2 children)

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.

[–] [email protected] 6 points 1 year ago (1 children)

but if we do that, how will they be able to afford their suicide trips on imploding submersibles?

[–] [email protected] 4 points 1 year ago
[–] [email protected] 3 points 1 year ago

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