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Can you cite any credible economic expert who believes interest rates increase inflation or reduce the value of a currency? Argentina’s currency jumped after t
by graeme 8y ago
Can you cite any credible economic expert who believes interest rates increase inflation or reduce the value of a currency?
Argentina’s currency jumped after that interest rate hike, btw, and the inflation rate for 2018 has been lower than that of 2017.
https://www.statista.com/statistics/316750/inflation-rate-in-argentina/ https://www.statista.com/statistics/316750/inflation-rate-in...
- berns 8y ago> inflation rate for 2018 has been lower than that of 2017 The inflation in 2017 was 25%. With a lot of luck in 2018 will be < 32%.