Birdwatch Note Rating
2022-12-11 00:37:35 UTC - NOT_HELPFUL
Rated by Participant: 95FC5880A60FB436CF5AC7D90F5EF90BC806CFE921A8AA7191376376B854623D
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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