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> Dropping the interest rate was unnecessary and caused more harm to vulnerable class than good by increasing inflation. If the fed's interest rate shenanigans
by rootusrootus 4y ago
> Dropping the interest rate was unnecessary and caused more harm to vulnerable class than good by increasing inflation.
If the fed's interest rate shenanigans are to blame for inflation, why is it affecting every other country in the world too?
- adrr 4y agoBecause other national banks did the same thing. EG: National Bank of England dropped their rate to 0.1%