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0 sats \ 0 replies \ @020996c305 OP 5 Oct 2023 \ parent \ on: Thoughts on the Thai Government's announcement of a consumption stimulus scheme meta
Thanks for the book info. Got that scheduled for my next read. I agree it's maybe possible a temporary consumption stimulus might help in the very short term but I see that in this current Thailand case it's a payment stimulus to all Thai citizens plus, what seems like, a very radical cut in prices for a whole lot of goods and services. Obviously the government has paid for the distribution of money to citizens but I'm not sure whether the agreement with manufacturers/retailers to slash prices has been made by the government subsidising the cuts or if manufacturers/retailers "volunteered" to help. I imagine politics and business/government connections might have to be considered! I'll be watching with interest what happens in their economy over the next few months.