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4
Posted on 4/16/24 at 5:22 pm to WildTchoupitoulas
quote:
They need to raise the rate, not just maintain it, if they want inflation to come down.
This
Posted on 4/16/24 at 5:24 pm to WildTchoupitoulas
Yep.
Posted on 4/16/24 at 11:56 pm to WildTchoupitoulas
quote:
They need to raise the rate, not just maintain it, if they want inflation to come down.
They could raise the rate to 100% and inflation won't come down if they keep printing billions for Ukraine and Israel.
This post was edited on 4/17/24 at 12:04 am
Posted on 4/17/24 at 12:25 pm to WildTchoupitoulas
quote:
They need to raise the rate, not just maintain it, if they want inflation to come down.
Bingo, if we want the cost of goods and services prices to come down, then we need raise rates and constrict monetary policy. Now is not the time to be making big ticket purchases. Best to wait for the Carter economy to and and for a new Regan economy to begin.
This post was edited on 4/17/24 at 12:28 pm
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