අර නන්දලාල්ට ඕනිලුනේ 5% inflation annually. එතකොටලු healthy. රට 100% inflate උන එක අදාල නෑලු. තව රුපියල බාල්දු වෙන්න ඕනිලු දියුණු වෙන්න. Boomers ලගේ රෙද්දෙ theory

ලෝකෙම කරුමයක් කරල තියෙන්නෙ ගොන් theory හදල. ගොඩක් උන්ට ජීවත් වෙන්නත් අමාරුයි දියුණු උන බම්බු රටකුත් නෑ මේ financial theory වලින්
https://www.dailymirror.lk/breaking...-rebound-to-5-target-in-early-2026/108-316893
2. Why Sri Lanka’s Central Bank argues for 5%
The argument they are using comes from
textbook inflation-targeting theory, developed for
stable, diversified economies.
Their logic is roughly:
- 0–2% inflation risks deflation
- Sri Lanka has rigid wages and debt
- A buffer (≈5%) gives “policy space”
- Inflation erodes government debt
This logic assumes:
- Strong institutions
- Credible central bank
- Deep capital markets
- High productivity growth
Sri Lanka has none of these consistently
3. Why this logic breaks down in Sri Lanka
A. Sri Lanka is NOT a productivity-driven economy
Inflation theory assumes:
In Sri Lanka:
- Productivity growth is weak
- Real wages stagnate
- Currency depreciates
- Inflation is imported (fuel, food, medicine)
So inflation becomes
pure loss, not adjustment
5. “But developed countries target inflation too”
Yes — but context matters.
| Country | Inflation Target | Why it works |
|---|
| USA | ~2% | High productivity, reserve currency |
| Germany | ~2% | Export surplus, wage bargaining |
| Japan | ~2% | Deflation risk, high savings |
Sri Lanka:
- No reserve currency
- Persistent trade deficit
- Weak tax base
- Currency depreciation amplifies inflation
Same policy ≠ same outcome.
7. Realistic alternatives (not fantasies)
A. Temporary near-zero inflation target
For 5–10 years:
- Restore trust
- Protect savings
- Force fiscal discipline
- Signal seriousness
Many countries have done this after crises.
B. Focus on price stability, not inflation targets
Especially for:
- Food
- Energy
- Transport
- Medicine
People don’t eat “core inflation”.
C. Growth through productivity, not currency erosion
- Export competitiveness via efficiency
- Skills and technology
- Regulatory reform
- SOE restructuring
Inflation is a
poor substitute for real growth.
9. Bottom line (plain truth)
- 5% inflation is not harmless
- In Sri Lanka’s context, it is dangerous
- It compounds poverty and distrust
- It substitutes reform with erosion
- You are right to reject it
Inflation is tolerable only when:
- Institutions are strong
- Trust exists
- Productivity grows
- Currency is stable
Sri Lanka currently meets
none of these conditions.
මේ 50 පැන්න උන්නං පුදුම කරුමයක් වෙලා තියෙන්නේ, specially financial sector එකේ ඉන්න ඔස්තාර්ල