Birdwatch Note
2022-12-10 16:50:07 UTC - NOT_MISLEADING
There are many sources and just as many theories. However each attempts to avoid the main issue, raising interest rates raises the cost of living for everyone also businesses and Government. It discourages purchasing by increasing the cost of money if the money is borrowed. https://www.pgpf.org/blog/2021/08/how-will-interest-rate-changes-affect-federal-debt-and-deficits.
Written by 91BBF7BF252250F7273212AE79DEBB76F688394FAC317BB79E41B1C91C7A20D4
Participant Details
Original Tweet
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All Information
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- summary
- There are many sources and just as many theories. However each attempts to avoid the main issue, raising interest rates raises the cost of living for everyone also businesses and Government. It discourages purchasing by increasing the cost of money if the money is borrowed. https://www.pgpf.org/blog/2021/08/how-will-interest-rate-changes-affect-federal-debt-and-deficits.
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| 2022-12-10 16:50:07 UTC (1670691007100) |
1969-12-31 23:59:59 UTC (-1) |
2022-12-11 02:11:00 UTC (1670724660411) |
NEEDS_MORE_RATINGS | 1969-12-31 23:59:59 UTC (-1) |
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