Birdwatch Note Rating
2023-02-20 13:49:22 UTC - NOT_HELPFUL
Rated by Participant: 1C494E09CE8F85B6B0A244DD8C0A735201AA2A1D893DDFE408434AA75B966638
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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