this post was submitted on 22 Jun 2024
88 points (90.7% liked)
World News
2309 readers
97 users here now
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's because inflation isn't under control. I've been waiting for this moment to come for a while.
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
More countries dumping US bonds = higher inflation?