#CrazyIdea on #economics: Not an economist, but I feel that the government could do more to prevent inflation than crank the interest rate up and down. There could be a nonpartisan agency to continuously look for potential supply bottlenecks in necessities. I suspect that's key to preventing inflation.
Additionally, invest in ways to make businesses more agile, able to change what they produce or ramp up production as needed, as we saw in the pandemic.
Chad Schultz /
npub1vk…9mqgt
2024-05-23 01:56:15
Author Public Key
npub1vkedzntalg8jl2vmrqmsgr0avvf454azz96jsd49j3wm7dn4yerq59mqgtPublished at
2024-05-23 01:56:15Event JSON
{
"id": "77e0a2e8b66b6597b994d3ed8140838715d0d5993f4f5e9bb577c01888b2b97e",
"pubkey": "65b2d14d7dfa0f2fa99b1837040dfd63135a57a211752836a5945dbf36752646",
"created_at": 1716422175,
"kind": 1,
"tags": [
[
"t",
"crazyidea"
],
[
"t",
"economics"
],
[
"proxy",
"https://mindly.social/users/chad/statuses/112487443724826913",
"activitypub"
]
],
"content": "#CrazyIdea on #economics: Not an economist, but I feel that the government could do more to prevent inflation than crank the interest rate up and down. There could be a nonpartisan agency to continuously look for potential supply bottlenecks in necessities. I suspect that's key to preventing inflation.\nAdditionally, invest in ways to make businesses more agile, able to change what they produce or ramp up production as needed, as we saw in the pandemic.",
"sig": "5e3a097ba018557dcc4b828f712fc5b52efb6736116bebcebe825c6202007e54dfefd3ce4946bcf9bb118087a39bd8bdd8913a45730f7249051ef0e8a5a86ee2"
}