[ericvanular]

"Properly" is a debatable term in the world of economics since its not a hard science. The best we can hope for is to gather many different perspectives and combine them into a reasonable blended average.

If it helps you at all, I just published a new post on rising interest rates, what effects they might have and how you might cope better with them: https://ericvanular.com/rising-interest-rates

[tomrod]

Pick up a Mankiw textbook for Macro 101. Avoid anything from George Mason and affiliates like FEE as they are ideologues in their approach.