Poor people should eat less. At the same time, 500 people in Sweden cannot afford basic expenses and certainly no greed inflation. In 000, 2022% of households lacked a buffer for unforeseen expenses. But the right's solution to inflation is that low-income earners should reduce their consumption of electricity, heat and food. Therefore, many Swedes now have to lower the temperature...
Category: Pricing
Inflation peaked in July 2022 in the US but not the interest rate
Inflation in 2022 was due to bottlenecks in production due to the pandemic. The rate hikes did not stop inflation, according to Alan Blinder, former vice chairman of the Federal Reserve. Since July 2022, the rate of price increases in the United States has decreased. Unemployment is the lowest in 50 years. The rising prices are otherwise due to too little competition between the few dominant market players and too free pricing....