No matter how much external and internal india telegram data conditions have chang over the past few years, the basic laws of economics, like the laws of physics, have not stopp working in our country. The task of the Central Bank is to ensure that moderate interest rates in the economy are accessible to everyone, and this .
Yes, a period of high rates is ne
o slow down price growth. But rate increases are temporary, while prices rise forever. That is why we cannot put off solving the inflation problem for too long.
I will add one important thing: it is wrong to think that inflation is when prices only go up for socks or sausages. Inflation is a rise in prices on a broad front, including for cement, bricks, machines, labor, and much more. That is, inflation increases the lion’s share of business costs associat with the production of goods and services and investments in expanding capacity. Therefore, everyone is interest in rucing inflation – people, companies, and society as a whole.
Moreover, those who manage
costs better and find profitable niches, i.e. make successfully upgrad millions of databases the economy more efficient, may ultimately benefit from a temporary rate hike.
Why then, even with such a high rate, are ao lists you unable to combat inflation?