Adonis Diaries

High cost of living? Any consequences and remedies?

Posted on: October 26, 2016

High cost of living?

Consequences of high cost of living:

  1. Reduction in natality rate
  2. Reduction in the quality of the goods produced for the internal market
  3. Shrinking of export market shares because of the degradation of quality goods
  4. Inflation that reduces quality of life for the poor…

Remedies for high cost of living:

  1. Formation of collective associations
  2. Elimination of import taxes
  3. The longer-term remedy is to increase production accompanied by high turnover frequency in trading goods and services ready to be purchased
  4. Tighter control and investigation of the public servants whose standard of living is not commensurate to their earning. This control will dramatically reduce mafia control of the economy
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adonis49

adonis49

adonis49

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