Apple doesn't care, unfortunately for humans. Jerome Powell of the US federal reserve knew that he would put companies out of business, and people would lose jo

Apple doesn't care, unfortunately for humans. Jerome Powell of the US federal reserve knew that he would put companies out of business, and people would lose jobs, when they raised the rates. In fact, that was the goal. "In September, hiring was much greater than had been expected, with the unemployment rate staying near a half-century low. Strong hiring typically empowers workers to demand higher wages, which, in turn, can worsen inflation if their employers pass on the higher labor costs by raising their prices." https://apnews.com/article/federal-reserve-inflation-economy-prices-powell-unemployment-e64132f742d9141c28d0d79794e274b4 https://apnews.com/article/federal-reserve-inflation-economy...