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A comment on Do High Interest Rates Fix High Inflation?. Parent comment

Re:Do High Interest Rates Fix High Inflation? by tekla on Tuesday June 13, 2023 @05:53PM (#36318074)
> consumer blaming crap

Is this how people refer to making poor decisions now?

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Re:Do High Interest Rates Fix High Inflation? by sigstoat on Tuesday June 13, 2023 @06:08PM (#36318266)
seems to be popular to believe that offering consumers a choice that might not be great for them is immoral and should be banned.
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Re:Do High Interest Rates Fix High Inflation? by morkalork on Tuesday June 13, 2023 @06:56PM (#36318791)
Right, so, let's do things like abolish the FDA and bring back usury instead?
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Re:Do High Interest Rates Fix High Inflation? by FrustratedMonky on Tuesday June 13, 2023 @06:07PM (#36318248)
I think it is response to 2008 crash, where consumers were blamed for buying houses. "those stupid consumers, why did they buy houses with the home loans we gave them, it's their fault".

Since 2008, this has become a more common refrain from the right, that consumers are to blame.

https://www.youtube.com/watch?v=zp-Jw-5Kx8k https://www.cnbc.com/2014/02/24/5-years-later-rick-santelli-...

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