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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
tsunamifury
99 days ago
No but the direct statements from the FED itself that it was trying to hurt labor and reduce average household spending was very clear
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triceratops
99 days ago
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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tsunamifury
97 days ago
[flagged]
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triceratops
95 days ago
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.
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