Too many people don’t understand this point. When we force the interest rate to be low that’s allowing more loans which creates more money. So when the Republicans come in and promise to stop printing money and lower interest rates for mortgages… Alarm bells should be going off. But we’re too busy teaching kids to repeat lists of names and places to teach them real stuff.
I never thought about it from this angle. But I did think about it from a different one: loans allow for an increase in demand and that increases prices. So either way, it will up the inflation
Too many people don’t understand this point. When we force the interest rate to be low that’s allowing more loans which creates more money. So when the Republicans come in and promise to stop printing money and lower interest rates for mortgages… Alarm bells should be going off. But we’re too busy teaching kids to repeat lists of names and places to teach them real stuff.
I never thought about it from this angle. But I did think about it from a different one: loans allow for an increase in demand and that increases prices. So either way, it will up the inflation