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> hasn't done squat to stop inflation U.S. inflation is down to 3 percent in June from a high of 9% last year. You could argue that interest rate hikes didn't
by whats_a_quasar 3y ago
> hasn't done squat to stop inflation
U.S. inflation is down to 3 percent in June from a high of 9% last year. You could argue that interest rate hikes didn't cause that change, but interest rates are the Occam's razor explanation.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/ https://www.usinflationcalculator.com/inflation/current-infl...
- ShadowBanThis01 3y agoThey've been jacking interest rates for quite a while to no avail. So now that prices are sky-high, the oligopolies have slowed their assault. "Reduced inflation" does nothing to roll back the disgusting price-gouging that has gone on for years now. So the gouging is decelerating. Whoop-dee-doo.