There’s two directions. You can raise rates, or you can lower them. Raising rates causes job losses but culls back inflation. Lowering rates increases the number of jobs but causes inflation to go up.
Its a fucking number… Because its a number, there’s only two directions to go. Up or down. Or zero if you want to split into a 3rd option for some reason. But not much aside from “raise”, “hold” or “lower” rates.
Now comes the political debate. Should we have been raising rates last year? Or should we have been lowering rates last year? And survey says… Oh right, liberals were asking to lower rates (ie: making inflation worse). Ding ding ding!! It pays to be a dumbass, because its the only way you can keep your petty little brain straight, isn’t it? You don’t like facing reality of your side’s opinions, do you?
Its not just conservative dumbasses who are unable to foresee basic problems with their politics, but also far left liberals who demonstrate ignorance. Thank you for making an example of yourself.
Do you not know how the Federal Funds Rate works?
I do
https://youtu.be/wz-PtEJEaqY?si=pK60f5dXtzyf-Ik4
Lovely.
There’s two directions. You can raise rates, or you can lower them. Raising rates causes job losses but culls back inflation. Lowering rates increases the number of jobs but causes inflation to go up.
Its a fucking number… Because its a number, there’s only two directions to go. Up or down. Or zero if you want to split into a 3rd option for some reason. But not much aside from “raise”, “hold” or “lower” rates.
Now comes the political debate. Should we have been raising rates last year? Or should we have been lowering rates last year? And survey says… Oh right, liberals were asking to lower rates (ie: making inflation worse). Ding ding ding!! It pays to be a dumbass, because its the only way you can keep your petty little brain straight, isn’t it? You don’t like facing reality of your side’s opinions, do you?
Its not just conservative dumbasses who are unable to foresee basic problems with their politics, but also far left liberals who demonstrate ignorance. Thank you for making an example of yourself.