Not sure yet that white hats took over Blackrock, Vanguard, and State Street. There are plenty of white hat and BRICS external actions that will force them to crash without infiltration being necesessary.
Also @holonabove says white hats are inflating fiat currency by raising interest rates. It's the other way around. Lower rates enable inflation, higher rates reel it in. I get the poster's point though.
Uhm, no. A higher interest rate makes borrowing money cost more. It's a deterrent to borrowing. Just like when you want a loan but the high interest rate makes you think twice.
Um, YES! Every deficit dollar spent by the US Government is borrowed and has to be repaid with interest. The higher the rate, the more money it takes to service that debt. High interest rates sure ain't making the biggest money borrower in the world, the US Government, to think twice about deficit spending. 35 trillion and counting.
You're referring to interest owed on debt. I'm talking about the expansion of money supply through borrowing which is really just printing money based on bonds, or as Greenspan used to spin it, "quantitative easing." Expansion of the money supply devalues the dollar, and higher interest rates stave inflation by deterring this kind of borrowing.
Higher interest rates are generally a policy response to rising inflation.
Not sure yet that white hats took over Blackrock, Vanguard, and State Street. There are plenty of white hat and BRICS external actions that will force them to crash without infiltration being necesessary.
Also @holonabove says white hats are inflating fiat currency by raising interest rates. It's the other way around. Lower rates enable inflation, higher rates reel it in. I get the poster's point though.
The government borrowing and spending money is what causes inflation so higher interest rates DO add to the inflation equation.
Uhm, no. A higher interest rate makes borrowing money cost more. It's a deterrent to borrowing. Just like when you want a loan but the high interest rate makes you think twice.
Um, YES! Every deficit dollar spent by the US Government is borrowed and has to be repaid with interest. The higher the rate, the more money it takes to service that debt. High interest rates sure ain't making the biggest money borrower in the world, the US Government, to think twice about deficit spending. 35 trillion and counting.
You're referring to interest owed on debt. I'm talking about the expansion of money supply through borrowing which is really just printing money based on bonds, or as Greenspan used to spin it, "quantitative easing." Expansion of the money supply devalues the dollar, and higher interest rates stave inflation by deterring this kind of borrowing.
https://www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp