Maverick wrote: ↑Wed Mar 19, 2025 2:25 am
Kai wrote: ↑Wed Mar 19, 2025 2:24 am
Maverick wrote: ↑Wed Mar 19, 2025 2:23 am
Exactly! And the salaries aren’t increasing at the same rate. It’s becoming harder to save money.
True. But I think the government is trying to control inflation by adjusting interest rates. The central bank increased them recently to slow down spending.
But won’t that make loans more expensive? If businesses and people stop borrowing, it could slow down economic growth too.
That’s the tricky part. It’s a balance between controlling inflation and keeping businesses growing. If prices rise too much, people can’t afford basic goods. But if interest rates are too high, businesses struggle to expand.