This is an analysis of the MPC and Government’s economic Royal Rumble style battle…
For those who are unfamiliar with World Wrestling Entertainment (WWE), allow me to explain briefly what the Royal Rumble is. It’s a wrestling match where several fighters take to the ring over a period of time. They battle it out looking to defeat opposing fighters. Several fights take place simultaneously in the same ring with a fighter likely to take on multiple opponents as well during the process.
The more I’ve thought about it, the more I’ve likened attempting to manage different aspects of a country’s economy to some aspects of a Royal Rumble event.
Why? Well because there are many variables at play in the economy and sometimes it’s as though the variables are fighting each other!