Except every investment becomes high-risk. Businesses cannot make financial plans/projections because of the uncertainty created by the same inflation. Depending on the inflation percentage, the furthest you could plan ahead could be up to a couple of months. Would you make long-term investment in an economy where companies cannot predict what is going to happen in the next 3 months?
hkt|2 years ago
If instead it puts more onus on the state to invest as the only major player who would.. then that's also great.