TheDemonBuer@lemmy.world to News@lemmy.world · 5 months agoAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comexternal-linkmessage-square127fedilinkarrow-up1191arrow-down128cross-posted to: usa@lemmy.ml
arrow-up1163arrow-down1external-linkAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comTheDemonBuer@lemmy.world to News@lemmy.world · 5 months agomessage-square127fedilinkcross-posted to: usa@lemmy.ml
minus-squarefrezik@midwest.sociallinkfedilinkarrow-up3·5 months agoIndia would be perfectly valid if it wasn’t experiencing high inflation just like everyone else. Which it is. https://finimize.com/content/rbi-chief-urges-india-to-cut-inflation-despite-strong-growth You can’t fix inflation just by setting a max price. It leads to shortages or (more common in India’s case) retailers finding loopholes: https://www.thehindu.com/opinion/op-ed/maximum-retail-price-is-an-archaic-dysfunctional-mechanism/article7452745.ece
minus-squareslacktoid@lemmy.mllinkfedilinkEnglisharrow-up1·5 months agoDidn’t say it solves inflation. You cant stop a global phenomenon happening. You can ease it.
minus-squarefrezik@midwest.sociallinkfedilinkarrow-up1·5 months agoHere’s India’s inflation chart for the past few years: https://www.equentis.com/blog/wp-content/uploads/2023/10/image-87.png Here’s the US: https://fred.stlouisfed.org/series/MEDCPIM158SFRBCLE They aren’t easing anything.
India would be perfectly valid if it wasn’t experiencing high inflation just like everyone else. Which it is.
https://finimize.com/content/rbi-chief-urges-india-to-cut-inflation-despite-strong-growth
You can’t fix inflation just by setting a max price. It leads to shortages or (more common in India’s case) retailers finding loopholes:
https://www.thehindu.com/opinion/op-ed/maximum-retail-price-is-an-archaic-dysfunctional-mechanism/article7452745.ece
Didn’t say it solves inflation. You cant stop a global phenomenon happening. You can ease it.
Here’s India’s inflation chart for the past few years: https://www.equentis.com/blog/wp-content/uploads/2023/10/image-87.png
Here’s the US: https://fred.stlouisfed.org/series/MEDCPIM158SFRBCLE
They aren’t easing anything.