TheDemonBuer@lemmy.world to News@lemmy.world · 9 days agoAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comexternal-linkmessage-square121fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comTheDemonBuer@lemmy.world to News@lemmy.world · 9 days agomessage-square121fedilink
minus-squarefrezik@midwest.sociallinkfedilinkarrow-up0·7 days 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-up0·7 days agoDidn’t say it solves inflation. You cant stop a global phenomenon happening. You can ease it.
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.