Birdwatch Note Rating
2022-12-10 17:28:07 UTC - NOT_HELPFUL
Rated by Participant: 1A1AF621428CB447AA333B0654B97061DA70F7F31D441296C1D3C61C963F571B
Participant Details
Original Note:
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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