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Increasing interest rate to stop inflation????
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John Burns
Posted 4/27/2022 20:31 (#9635076 - in reply to #9634942)
Subject: RE: Increasing interest rate to stop inflation????



Pittsburg, Kansas
Artificially low interest rates cause mal-investment and financial bubbles. It does not make for a healthy economy, but instead for a speculative economy. The longer they go on, the bigger the bubble and the bigger the eventual bust.

Edited by John Burns 4/27/2022 20:33
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