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https://www.reddit.com/r/wallstreetbets/comments/1jraffn/5_rate_cuts/mle0d18/?context=3
r/wallstreetbets • u/abishop717 • 1d ago
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569
Powell shitting bricks just looking at these numbers. He simply won’t cut rates in this environment, inflation will skyrocket.
224 u/Kriztauf 1d ago The ErdoÄŸan school of economics says that cutting interesting rates is the best thing you can do to tame inflation 1 u/MortemInferri 1d ago Why is that? How does adding more cheap money make the dollars that already exist worth more? 7 u/Pretend-Marsupial258 1d ago The Lira's inflation rate is currently 38.1%, which is the lowest inflation they've had in years.
224
The ErdoÄŸan school of economics says that cutting interesting rates is the best thing you can do to tame inflation
1 u/MortemInferri 1d ago Why is that? How does adding more cheap money make the dollars that already exist worth more? 7 u/Pretend-Marsupial258 1d ago The Lira's inflation rate is currently 38.1%, which is the lowest inflation they've had in years.
1
Why is that? How does adding more cheap money make the dollars that already exist worth more?
7 u/Pretend-Marsupial258 1d ago The Lira's inflation rate is currently 38.1%, which is the lowest inflation they've had in years.
7
The Lira's inflation rate is currently 38.1%, which is the lowest inflation they've had in years.
569
u/ebitdur 1d ago
Powell shitting bricks just looking at these numbers. He simply won’t cut rates in this environment, inflation will skyrocket.