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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 9d 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 9d agoDon't the latter things you mentioned bring down inflation?