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clawmann

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clawmann

Re: jerrylev post# 583804

Friday, 08/02/2019 1:20:52 PM

Friday, August 02, 2019 1:20:52 PM

Post# of 749756
An increase in interest rates is used to control inflation by two mechanisms:

(1) it reduces the appetite for debt and therefore debt-financed spending; and

(2) it increases savings, and therefore the use of current income for spending.

https://upload.wikimedia.org/wikipedia/commons/b/bb/Dr._Strangelove.png

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