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by budsniffer952 19 days ago
Do you think the common person benefits from high interest rates? Pray tell, how?
1 comments
amanaplanacanal 19 days ago
It helps keep inflation under control, for one thing. For another, it helps prevent billionaires from wasting even more money on boondoggles.
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scottyah 19 days ago
> 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.

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