Someone's phone on Nostr: Low interest rates are not the main cause of inflation. If it was the inflation would ...
Low interest rates are not the main cause of inflation. If it was the inflation would have happened many many years ago when the interest rates first hit 0%. And also they have raised interest rates to 4.75% which the highest in decades and inflation is not changed. So why is raising interest rates the only thing they do try and reduce inflation? It's clearly not the intetest rates that are the issue.
Published at
2023-02-16 14:20:45Event JSON
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"content": "Low interest rates are not the main cause of inflation. If it was the inflation would have happened many many years ago when the interest rates first hit 0%. And also they have raised interest rates to 4.75% which the highest in decades and inflation is not changed. So why is raising interest rates the only thing they do try and reduce inflation? It's clearly not the intetest rates that are the issue. ",
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