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Inflation is high because interest rates are high. Interest rates are high because top holders of US Treasury bonds like Japan, UK, China, are all dumping bonds
by esalman 2mo ago
Inflation is high because interest rates are high. Interest rates are high because top holders of US Treasury bonds like Japan, UK, China, are all dumping bonds. Why do you think they're doing that?
- technotony 2mo agoInterest rates are high because the government is running a large deficit