this post was submitted on 22 Jun 2024
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[–] 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

More countries dumping US bonds = higher inflation?