this post was submitted on 19 Sep 2023
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Yes if we just increase interest rates enough eventually people will stop all their foolish discretionary spending on groceries and starve to death, solving the inflation problem forever.
To be fair, I think this one can be credited to OPEC.
Yup. Saudi Arabia has launched Vision 2030 to diversify and open up the economy. But to achieve their goal, they need high oil revenues.