Birdwatch Note Rating
2022-12-10 17:07:32 UTC - NOT_HELPFUL
Rated by Participant: 76D75596753AC43955A8B72188F1AE7C4CF088C9E942575E0B1D7D9F8BC2FF79
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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