3 ms·
How exactly do rising interest rates reduce demand for food? How does it reduce demand for gas? This is what I mean.
by apropos_g 4y ago
How exactly do rising interest rates reduce demand for food?
How does it reduce demand for gas?
This is what I mean.
- guyzero 4y agoPer other commenters less money in the economy reduces aggregate demand. Per previous inflationary periods where interest rates were raised basically by putting people out of work.