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pbmus

(12,422 posts) Wed Jun 13, 2018, 07:27 PM Jun 2018

Higher rates, inflation, tax cut,.....Menu written by Kleptocrats....

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Higher rates, inflation, tax cut,.....Menu written by Kleptocrats.... (Original Post) pbmus Jun 2018 OP

Raising interest crushes the middle class: exs. credit card, adj interest business & home loans stuffmatters Jun 2018 #1

stuffmatters

(2,574 posts)

1. Raising interest crushes the middle class: exs. credit card, adj interest business & home loans

Reply to pbmus (Original post)

Wed Jun 13, 2018, 07:49 PM

Jun 2018

"Higher interest curbs inflation" is about as illogical,as twisted a .1 percent economic adage as trickle down economics or balanced budget austerity. How can raising interest rates on working people not be inflationary.? I suspect that effect tracked on some separate chart the Fed ignores/secretes.

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