Re:How Not to Fight Inflation
by SpicyLemonZest on Saturday July 16, 2022 @10:46AM
(#32118670)
It’s hard to imagine a more targeted control than the benchmark rate, which has a direct impact only on people who manage money for a living and people who hold adjustable rate mortgages. It just manifests as a blunt hammer because the economy is interrelated, and I’d argue that any control big enough to make a difference will encounter this.
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