It’s been my experience that economics is a very hard subject to grasp, so what I typically see on forums where someone posts something like this is a lot of di

It’s been my experience that economics is a very hard subject to grasp, so what I typically see on forums where someone posts something like this is a lot of disagreeing and back and forth (as is the case here). The issue I think is that… economics is a very hard subject to grasp. Lots of moving parts. I think your comment oversimplifies the point it’s trying to make, but it kind of has to in order to be understood by laymen. Bit of a damned if you do, damned if you don’t situation. I think what you’re saying though is that higher interest rates = more money in companies’ pockets = higher wages paid to workers = the price increase of goods and services being absorbed, and the interest rate increase having a net-zero effect. I don’t know enough to agree or disagree, I’m just trying to reword what you’re saying.