Friday, November 12, 2021

How do you stop inflation? You raise the interest rates!

 This is the simple solution. However, to do this now might cause a whole lot of suffering but might end inflation.

However, we are in a really complicated situation because of Covid worldwide.

It IS possible that raising interests rates could also in this particular situation tank the economy completely.

My wife has a master's degree in Business and so she shared with me how you end inflation.

However, I don't know what doing that right now would do while covid is coming back for winter in northern States already.

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