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I used to really enjoy the All In Podcast. However their recent "all in for their best interests" was too much for me. The topic of interest rates vs. not havin
by mark_l_watson 4y ago
I used to really enjoy the All In Podcast. However their recent "all in for their best interests" was too much for me. The topic of interest rates vs. not having a recession is really complicated. I believe that long term extremely high inflation would be much more crushing for middle and lower income segments of the population since they don't have the kinds of real assets that float as the dollar floats. This is why I personally believe that raising rates is required.
I believe that the character and soul of a society is how well they give less privileged people at least a chance to earn shelter and food. I was less extreme in my views before I started volunteering at a local food bank and got to know people whose lives collapsed because of one bad family illness, etc.