tempestk on Nostr: The inflation we are experiencing is not caused by low rates, they have been low for ...
The inflation we are experiencing is not caused by low rates, they have been low for over a decade with no inflation. raising rates may only slow inflation temporarily if at all. the underlying cause is a reduction on productivity and the underlying cause for that can be summed up to a lack of freedom, a lack of belief in the future! Rising rates wont do shit in this regard. Lower taxes, show real leader ship, common sense, give the people back their dignity or productivity will continue to shrink. slaves only do the bare minimum.
Published at
2023-03-07 19:32:17Event JSON
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"content": "The inflation we are experiencing is not caused by low rates, they have been low for over a decade with no inflation. raising rates may only slow inflation temporarily if at all. the underlying cause is a reduction on productivity and the underlying cause for that can be summed up to a lack of freedom, a lack of belief in the future! Rising rates wont do shit in this regard. Lower taxes, show real leader ship, common sense, give the people back their dignity or productivity will continue to shrink. slaves only do the bare minimum.",
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