GOLD 0.51% $1,391.7 gold futures

"Have We Reached The Breaking Point?", page-51

  1. 7,423 Posts.
    lightbulb Created with Sketch. 152
    Slange

    With respect to the inflationary impact of rising interest rates ...

    "If you consider that an economy has been very weak and is starting to recover and interest rates are at zero or very low,the central bank decides to tick rates upward."

    Rising interest rates will suck money out of the economy and kill demand. Anyone business trying to raise prices will kill their own sales. Any worker asking for a pay rise will put themselves out of a job.

    What you propose is nonsense.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.