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hangrywich t1_iznlrjj wrote

Switzerland, China, Saudi Arabia… what lesson can we learn here… <smirk>

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Marfall01 t1_izp6ei8 wrote

That correlation doesn't imply causation

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Aggressive_Bed_9774 t1_izr0qam wrote

Switzerland:-be a tax haven for the scum of the world ,which ensures large money(dollars/gold) inflows, which ensures the local currency appreciates in value, that lowers inflation.

Saudi Arabia:-be part of a oil cartel to profiteer from low global oil supply compared to global demand, which ensures large money(dollars) inflows, which ensures the local currency appreciates in value, that lowers inflation ,

and also buy discount Russian oil for domestic consumption and sell your own oil at market prices to others.

China:-lockdown entire cites when a single covid case is found and welding people's doors closed, and significantly eliminate the demand side factors that cause inflation but destroy your GDP growth rate in the process too

and also buy cheap Russian gas and oil.

i don't think there's much that can be learnt from these 3 nations without a lot side effects.

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hangrywich t1_izs5ixm wrote

I was thinking something along the lines of “be willing to do business with devil and your currency will be fine”

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