Post
Topic
Board Economics
Re: Benefits of a competitive economy.
by
davis196
on 07/09/2025, 13:16:42 UTC
Thanks for posting a wall of text, that looks as if it was generated by AI. Grin Next time, try to summarize your text in several sentences.
What's the point of this forum thread? Are you asking a question? Are you starting a discussion about an important subject?
Having a competitive economy is good. OK. So what? This is just a statement, not a question.
I don't think that a competitive economy pushes the price of consumer goods down. The overall level of inflation depends of the central bank's monetary policy(more or less money printing) and the economy's access to cheap oil, gas and raw materials. Even the most competitive economies around the world(like the USA and the UK) could potentially have increased levels of inflation.