• Einskjaldi@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    6 days ago

    Reducing spending slows inflation. You can have a recession and high inflation, both together is very bad for economy.

    • resipsaloquitur@lemmy.cafe
      link
      fedilink
      English
      arrow-up
      4
      ·
      edit-2
      3 days ago

      Increasing demand for a currency reduces its inflation (relative to other currencies).

      You don’t know what you’re talking about.