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re: Deutsche Bank now expects 'an earlier and somewhat more severe recession'
Posted on 6/18/22 at 12:07 pm to drdanger605
Posted on 6/18/22 at 12:07 pm to drdanger605
quote:
Interest rate rises are meant to dampen demand - the fact that sentiment is becoming negative suggests that interest rate hikes are working.
Interest rates are not the cause of the problems. Spending trillions of dollars that were magically created is what caused it.
This country needs a balanced budget amendment (and term limits).
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