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Thai Restaurant Industry Faces Crisis as Purchases Plummet by 40%
You can't pick and choose the statistic that makes your point sound better. The relationship between money supply and inflation is complex, and economists have differing views on which measure, M1 or M2, is a better indicator. However, generally, M2 is more closely watched when analyzing the potential impact on inflation. Here's why: M2's Broader Scope: M2 includes a wider range of assets, capturing a more comprehensive view of the money available in the economy. This broader perspective is often considered more relevant when assessing inflationary pressures. It includes assets that, while not as immediately liquid as those in M1, can still be readily converted to cash, influencing spending and thus, inflation. Historical Correlation: Historically, M2 has shown a stronger correlation with inflation than M1. This has led many economists to rely more heavily on M2 when forecasting inflation. So yes, there was certainly an increase in 2020, but not nearly what you are trying to make it look like with M1. The vast majority of the price increases came from corporate greed, with many of them admitting they were raising prices as much as possible to see when people would stop paying it, and to a lesser extend supply chain uncertainty. -
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I have been getting bombarded with questions about why the USA seems crazy right now
Tell them the U.S. is resetting itself back to its core values. Balanced budget, reducing a debt that WILL bankrupt the country, no wars, balanced international trade. No reason to fear. -
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Thailand's Global Education Ranking Sparks Controversy and Scrutiny
While they have the 2nd highest rate of suicide among the G7 member nations. japan's suicide rate among G7 - Google Search -
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Thai Restaurant Industry Faces Crisis as Purchases Plummet by 40%
Prices have gone up worldwide , everything's gone up by about 30 % the world over -
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Boy's Mysterious Disappearance in Lop Buri Sparks Supernatural Theories
Buddhist virtues of Thailand, also deeply imbedded with superstitions. Like both sides of the coin. -
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No Changes at the Top: PM Paetongtarn Rejects Cabinet Reshuffle
It's actually a brilliant move by PT. They will continue stringing it out until just before the next election and then give the final payment to this largest group of people. They'll be able to buy 2 elections worth of votes with a single initiative.
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