Replying to Avatar TheBitcoinManual

Politicians will do anything to get your vote, even after they caused the inflation they will pretend to be your saviour, and try to hide economic reality with laws that have worse downstream effects

The Thai government will learn this the hard way, trying to slash prices on 150 000 items by up to 87%

While it sounds good to the consumer and makes for a great headline, something has to give, this either comes in the form of toxic shrinkflation, job cuts in that industry, the currency being sacrificed to cover production costs and imports, or massive scarcity of these products, or a cocktail of all of the above

You can print money, but you can't print goods and services

https://www.bangkokpost.com/business/2656354/

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florian 2y ago

#siamstr can you please report how it is going?

nostr:note1pmgy23zypwd2s3rjkxs36u6neexnpj4hnnr94588kjftzn24u4yssln8zs

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Khing_T21 2y ago

Ummm IDK, by now I still see none result of this policy 🤔

Thai people still being besy arguing about another policy, 10k give away digital THB.

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