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by triceratops 99 days ago
I don't know that higher interest rates are necessarily anti-labor. Low interest rates result in rapid asset inflation and labor usually owns fewer assets.
1 comments

No but the direct statements from the FED itself that it was trying to hurt labor and reduce average household spending was very clear
Fed, not "FED". It isn't an acronym.

The point I was making was labor has something to lose in any interest rate environment.

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I think it's relevant. If you don't even know "FED" isn't an acronym the rest of your "points" about interest rates are a bit suspect.