Re:The long, slow, rotten march of progress
by TheCowboy on Friday June 02, 2017 @11:15PM
(#14474827)
Artificially increasing interest rates is going to show up in inflation, because no new wealth is being generated. It becomes a wash. No one's wealth is increased.
[ Parent
| on HN ]
Re:The long, slow, rotten march of progress
by skybrian on Saturday June 03, 2017 @02:36AM
(#14475306)
Depending on what you mean by "show up in inflation", it sounds like you have cause and effect backwards? The Fed increases interest rates to act as a brake on the economy (less investment) when they think they need to reduce inflation.