According to the Thatcher Government claim, inflated prices could again be lowered, simply by cutting the supply of money to the economy, and, as the major source of “surplus money” she argued, was from chronic government budget deficits, government expenditure must be savagely cut, in order to reduce “monetary inflation.”
Another instance of a socialist think.
Governments of the day have no business in doing business. A rather high percentage of government run institutions have proven over many decades that they lack the animal instinct to survive competition. Look at Indian telecom sector for example.
