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This wont do absolutely nothing whatsoever to bring down inflation. Interest rates don't open the Straight of Hormuz, don't increase production of oil or any ot
by blahblaher 2mo ago
This wont do absolutely nothing whatsoever to bring down inflation. Interest rates don't open the Straight of Hormuz, don't increase production of oil or any other commodities.
the only way interest rates affect anything is when they meaningfully decrease investment, consumption, in other words a recession or depression.
- beej71 2mo agoDon't the latter things you mentioned bring down inflation?