• 16 Posts
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Joined 2 years ago
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Cake day: July 5th, 2023

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  • In the USA, the founding fathers who wrote the constitution and founded the country were a bunch of college aged kids. That argument doesn’t work. They’re also not the ones cutting costs, they’re getting all the data and reporting it so Trump and his advisors can decide what to cut.

    Widening inequality by itself isn’t just a bad thing that needs fixing. Rich people have more money to get more rich. That’s just how money works.







  • There’s no link between the rates and inflation

    So why did they jack up the rates quickly and massively to literally try and curb inflation? lol You have no idea whta you’re talking about. Inflation is caused by people having and spending more money. Lowering interest rates means lower repayments which means more money in peoples hands for them to spend, pushing inflation up. Higher interest rates mean the opposite, which pushes downward pressure on inflation.