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Thailand and inflation

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On 8/24/2025 at 11:05 AM, Nick Carter icp said:

Raising prices causes inflation 

Isn't it Raising taxes causes inflation?

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  • The main reason is that the Thai political system is not socialist. It may be inefficient, it may be corrupt, but they don't have a policy of wealth redistribution by rampant and excessive taxation.

  • I disagree there certainly has been inflation here equal to western countries.  But, you don't notice it as much.  Things that use to be 40b are now 50.  Use to be 50 now 60 or 70b. That is nothi

  • USA 'created' 10 trillion dollars (quantitative easing), such as direct stimulus cheques, and the UK 'created' 1.2 trillion pounds, such as the furlough process, during the pandemic.   There

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On 8/24/2025 at 8:40 AM, angryguy said:

Shrinkflation is a bigger problem. They all give you alot of rice and little to no meat and veg anymore

Agreed; but vote with your feet, as there are plenty of places still dishing up plentiful portions.   If you have a Thai Wife or Girlfriend they know where to go to get the best deals.

On 8/24/2025 at 7:59 AM, BillStrangeOgre said:

Look at the Scandinavian countries

The Scandinavian countries are no socialist governments.  Even their governments declare that.

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