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LMAO Japan Dumps $63 Billion Worth U.S. Bonds (watcher.guru)

submitted 4 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[–] ClimateChangeAnxiety@hexbear.net 46 points 4 months ago* (last edited 4 months ago) (3 children)

Critical support to the Federal Reserve in their apparent quest to destroy the United States

Like I feel like everyone, both pro-capitalist and anti, have been screaming for months that they need to lower interest rates because it’s ruining everything and they simply refuse

[–] coolusername@lemmy.ml 22 points 4 months ago (2 children)

It's because inflation isn't under control. I've been waiting for this moment to come for a while.

[–] ClimateChangeAnxiety@hexbear.net 18 points 4 months ago* (last edited 4 months ago)

Which to me seems to say “High interest rates have little impact on inflation and if anything make it worse” but I’m a scientist not an economist so I like to make decisions based on observable reality instead of vibes

[–] Idliketothinkimsmart@lemmygrad.ml 4 points 4 months ago

More countries dumping US bonds = higher inflation?

[–] lorty@lemmygrad.ml 20 points 4 months ago

The rentism economy is here

[–] 666@lemmygrad.ml 18 points 4 months ago

I say raise them further sicko yes