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Grittyville, WA

I'm back in the swamp, for a quick dunk in the mud:

Cheap consumer goods depends on a cheap lending rate. If businesses can borrow money for cheap, they can produce more and grow their business for less and pass that savings on to consumers (providing more supply and more competition).

The idea that a more expensive money supply (raising rates) will somehow lower costs to consumers is a fallacy, this has been real-world proven, again and again.

In order to lower inflation and/or increase wealth... we need LOWER interest rates, NOT HIGHER rates.

I think about 20% of people can comprehend this... and certainly the mainstream media cannot comprehend this.

4/12/2024 8:12:16 PM

South Bloomfield, Ohio

Disseminating facts has taken a back seat to pushing propaganda narratives. The MSM comprehends it alright; they just don't want anyone else to.

4/13/2024 11:09:09 AM