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0 sats \ 3 replies \ @Undisciplined OP 19 Nov \ parent \ on: The Inflationists’ Narrative Is Crumbling econ
Everything in the economy goes into price formation. More requirements on producers makes prices higher. More spending from consumers also drives prices up.
So what would stabilize both the market and inflation? Measures that the government should take, but we know that the bureaucracy would not allow it? Or could it?
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The best thing for the government to do is go away. Markets sort themselves out.
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That would be great, but I think it is a great utopia to believe that the government or state will disappear. Human beings by nature need someone to blame for everything (inflation, poverty, crime, etc.), which reminds us that the system and its money are a fallacy.
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