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> Increasing rates affects people with debt -- mortgage holders mainly, as personal loans are fixed for the life of the loan. Not just people! Companies, munic
by voisin 3y ago
> Increasing rates affects people with debt -- mortgage holders mainly, as personal loans are fixed for the life of the loan.
Not just people! Companies, municipalities and other levels of government too. These rate increases mean literally every entity in our over indebted nation is going to feel pain.
- ta1243 3y agoExcept the consumers driving inflation -- the ones who have little debt and are spending their inflation linked income like there's no tomorrow. The ones we refuse to hit with targetted tax