• Einskjaldi@lemmy.world
    21·
    2 months ago

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

    • resipsaloquitur@lemmy.cafeEnglish
      4·
      2 months ago

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

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