Re:UK pay falls at fastest rate on record as inflation hits
by freemint on Tuesday July 19, 2022 @04:52PM
(#32157811)
> The fed is slowly working their way there, but they are doing it super slowly because they worry about shocking the market too hard and stopping all investment.
If they raise the interest rates anywhere close to the rate of inflation a lot of the 3rd world will have a Sri Lanka style crisis.
If they raise the interest rates anywhere close to the rate of inflation a lot of the 3rd world will have a Sri Lanka style crisis.