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re: Biden supporters check in thread.
Posted on 8/16/21 at 10:53 am to DangerousWafer
Posted on 8/16/21 at 10:53 am to DangerousWafer
quote:
It also resulted in increased inflation but central banks should raise rates which means it's easy to respond to.
![](https://images.tigerdroppings.com/Images/Icons/Iconrotflmao.gif)
Posted on 8/16/21 at 10:55 am to Jbird
Respond or don't.
Inflation is overrated. Deflation is the real problem because banks can't lower rates much.
Central banks can't go lower but they can go higher (and there's an argument to be made that the FED is addicted to low rates).
Inflation is overrated. Deflation is the real problem because banks can't lower rates much.
Central banks can't go lower but they can go higher (and there's an argument to be made that the FED is addicted to low rates).
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