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Increasing interest rate to stop inflation????
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JimmyP
Posted 4/26/2022 17:32 (#9633406 - in reply to #9632870)
Subject: RE: Increasing interest rate to stop inflation????


Lancaster, OH		Raising rates, IMO, would slow inflation on investments or Time Purchases, such as homes, factory expansion, vehicles, etc.

The solution is to stop printing money to pour into the economy in the form of things like the COVID payments, assistance, etc.
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