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by dawnerd 19 days ago
And they’re still on cnbc daily saying rates need to go down to save the us. There’s a guy on right now saying rates need to be lower to save the ai bubble.
1 comments

Yes, save the asset holders, damn the peasants. even Trump said he wants to see housing prices go higher.

These people do not care about you. You need to hate them more.

Do you think the common person benefits from high interest rates? Pray tell, how?
It helps keep inflation under control, for one thing. For another, it helps prevent billionaires from wasting even more money on boondoggles.
> prevent billionaires from wasting even more money on boondoggles

This is what you want though? If everyone stops "wasting even more money on boondoggles" there is no innovation, and no jobs if nobody is making more boondoggles.