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Do you think the common person benefits from high interest rates? Pray tell, how?
by budsniffer952 3mo ago
Do you think the common person benefits from high interest rates? Pray tell, how?
- amanaplanacanal 3mo agoIt helps keep inflation under control, for one thing. For another, it helps prevent billionaires from wasting even more money on boondoggles.
- scottyah 3mo ago> prevent billionaires from wasting even more money on boondoggles This is what you want though? If everyone stops "wasting even more money on boondoggles" there is no innovation, and no jobs if nobody is making more boondoggles.