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Warning from the Economic Council

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The four economic experts (Carl-Johan Dalgaard, Lars Gårn Hansen, Jakob Roland Munch (all three University of Copenhagen) and Nabanita Datta Gupta (Aarhus University) from De Økonomiske Råd are warning politicians to stop promising more money and lower taxes. Pumping money into society will lead to a longer period of high inflation, as the demand for goods and services will not decrease. The main way to reduce inflation is to reduce consumption. 

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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