/biz/ - Business & Finance

Anonymous Fri Sep 23 13:27:19 2022 No.51588946 [View]
File: 34 KB, 762x272, ecbinterest.png [View same] [iqdb] [saucenao] [google]

>>51588834
1. No shit dumbfuck, glad you've got a basic grip on economics. Now show me a functioning economy with interest rate rises that have kept pace with inflation.
2. Allowing inflation to continue unabated is much worse for an economy in the long run. Read a book on the US in the 1970s or Germany in the 1920s sometime to educate yourself on what happens if you don't.
3. You are confused. If the BOE has been dragging their feet on raising interest rates, what do you think the ECB has been doing?

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