Birdwatch Note Rating
2022-12-11 05:06:17 UTC - NOT_HELPFUL
Rated by Participant: 29A4A997A969F0CF291B0BEF0CC09F453D249DD0A2FAC99C3DD877CFE0A621B8
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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