and all they can think of is raising interest rates 6 of 7 times in the past in the US this directly lead to a recession! It is basically impossible to cool down economy with higher interest without crushing it. But thinking of how in the last weeks … (U.S. Federal Reserve says its goal is ‘to get wages down) – what better way to archive it than a recession? Coincidence?
and all they can think of is raising interest rates
6 of 7 times in the past in the US this directly lead to a recession!
It is basically impossible to cool down economy with higher interest without crushing it.
But thinking of how in the last weeks … (U.S. Federal Reserve says its goal is ‘to get wages down) – what better way to archive it than a recession?
Coincidence?