4 ms·
There's a good argument to the contrary. People are struggling to fund essentials, 100% yes and need help. But higher interest rates won't help them and here's
by brianmcc 4y ago
There's a good argument to the contrary. People are struggling to fund essentials, 100% yes and need help. But higher interest rates won't help them and here's some thinking as to why:
https://www.prospectmagazine.co.uk/economics-and-finance/the-bank-of-england-is-raising-interest-rates-that-spells-misery-for-the-poorest https://www.prospectmagazine.co.uk/economics-and-finance/the...
This is UK focused but makes a pretty universal case.