Why those who advocate for "growth first, distribution later" ignore inflation
Machine translated
Trump is the same way,
and so is Lee Jae-myung;
excluding specific items like oil prices or rest area food,
they rarely talk about
inflation in general.
The reason is simple.
A moderate level of inflation
is helpful for growth.
They boast about the high growth of the Park Chung-hee era
as the "Miracle on the Han River" and so on,
but if you look at the inflation levels of that time,
many people would be shocked.
Presidents who prioritize growth
do not talk about general inflation.
They might mention the price of ramen at rest areas
or gas prices,
but the price of ramen and tteokbokki at local snack shops
is actually what matters more.
0
Comments 0