Hacker News new | ask | show | jobs
by mminer237 3 days ago
To really stop inflation, the fed would have to ramp up interest rates, stop printing money, and Congress would have to cut spending and raise taxes. It's worth it to reward businesses who offer cheap prices, but inflation is inevitable without severe austerity measures.
2 comments

Interest rate is killing me at restaurant, grocery and my my retirement accout T-T
Could cut demand instead, if we're imagining things.