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turns out you can lower interest rates, you just can't raise them again uwu
by mjfl 4y ago
turns out you can lower interest rates, you just can't raise them again uwu
- cronix 4y agothe rate at which they rise (or fall) is a big factor
- thejackgoode 4y agothat's why it's hard to deal with stagflation quickly
- cudgy 4y agoAll the more reason not to lower them to unreasonably low levels in the first place.