Unions are meeting to discuss their response to an adjustment plan whose burden, they warn, will fall on the working class: ‘A total social tsunami is coming’
  • tormeh
    4·
    11 months ago

    Having the currency be free-floating is the best policy. The transition might be a bit too rapid, though

    • NoneOfUrBusiness@kbin.social
      1·
      11 months ago

      Yeah. That’s the challenge in situations like these: How do you get to a free-floating currency without the people starving to death.

      • tormeh
        1·
        11 months ago

        Well, could always spend some of the money wasted on exchange rate manipulation on food subsidies instead. But I think just making the transition more gradual would be my bet