Notes from Central Taiwan: Inflation and the future

Sometimes, when I read the economic news, I think the Democratic Progressive Party (DPP) ought to drop the second word in its name.
The nation’s latest iteration of its informal national motto of “socialism for the rich, capitalism for the poor” occurred last week when the Ministry of Finance (MOF) announced it was activating the National Financial Stabilization Fund (國安基金). Was this for all the shopkeepers and restauranteurs slammed by inflation? Was it to increase the pay of ordinary working stiffs?
Of course not. The stock market’s benchmark index had fallen 23.4 percent this year, according to a recent Reuters

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