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Re:Rate Hikes Are Affecting the Economy by ch4s3 on Wednesday November 02, 2022 @01:14PM (#33439403)
Having the government debt finance a giveaway to people who do not need assistance if pretty much theft from everyone. As debt service surpasses 9% of the federal budget it will begin to crowd out other spending. Furthermore, piling onto inflationary policies definitely hurt people who don't make enough money to pay federal taxes.
Re:Rate Hikes Are Affecting the Economy by triceratops on Wednesday November 02, 2022 @01:53PM (#33440125)
See my other comment: https://news.ycombinator.com/item?id=33438985

Where's all the hate for government assistance for the stock market? That's pretty much the definition of "people who do not need assistance".

Re:Rate Hikes Are Affecting the Economy by ch4s3 on Wednesday November 02, 2022 @04:26PM (#33442472)
I agree. The government shouldn't be pumping stocks with negative interest rates.