fix articles 251812, price increases Los Angeles Indymedia : tag : price increases

price increases

Raising interest rates to fight inflation is a crazy idea (tags)

A wrong analysis of the causes of inflation leads to wrong countermeasures. Wage restraint means a loss of purchasing power and does not change the increased energy prices. Higher interest rates will make loans more expensive, lead to less investment, eg renewable energies.

GASOLINE PRICE HIKING BOYCOTT (tags)

Again gasoline prices are soaring out of control and the petroleum giants are back on track to make record profits. Washington will not act so Californians need to protect their interest by boycotting the petroleum industry.

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