Yep, see the article I linked above. The problem with increasing interest r
rates in my opinion is that most of the inflation we have faced is due to supply chain back up and higher wages chasing employee shortages, all resulting in higher prices and product shortages.
Not sure how making debt more expensive helps that, other then choking down consumer demand.
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In response to this post by hoolstoptheheels)
Posted: 07/28/2022 at 09:03AM