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David H
VisualEconomik EN
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Comments by "David H" (@DavidHalko) on "What if Price Increases Were Prohibited? Success and Failure Test Cases" video.
“How would you fight inflation without raising interest rates” Many nations encourage outsourcing of products to contract driven workforce and later to outsource to a low-cost of labor nation, but this only delays the inevitable inflation to occur later. Encourage domestic production in mass quantity levels, to achieve an optimal cost. In the end, the bet way to discourage inflation is to eliminate income tax on individuals & corporation, charge a sales tax, and allow consumers to see the real cost of goods & service (on contrast to cost of taxes, which drives a lot of inflation), and allow people to manage inflation.
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