Sine_Fine_Belli@lemmy.world to pics@lemmy.worldEnglish · 2 days agothey are not wronglemmy.worldexternal-linkmessage-square57fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkthey are not wronglemmy.worldSine_Fine_Belli@lemmy.world to pics@lemmy.worldEnglish · 2 days agomessage-square57fedilink
minus-squaretoastmeister@lemmy.calinkfedilinkarrow-up0·edit-21 day 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.