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Increasing interest rate to stop inflation????
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John Smith
Posted 4/26/2022 21:34 (#9633810 - in reply to #9632870)
Subject: RE: Increasing interest rate to stop inflation????


South Central Illinois

The whole, raise interest rates, is such a fallacy.
It is not exactly possible to just raise interest rates.
The supply of money has to be curtailed.
Interest rates are the cost of renting money. 

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