Wages Growth feeding inflation., page-27

Lappy you have been warned before to leave economics alone. There are decades and decades of economic research and acknowledged economic theories suck as Keynes Theories.


Interest rates are raised to dampen economic activity, to then lead to lowering of prices(profit margins) in response which then leads to lower inflation. It does not discriminate, some borrowers get hurt in the process.

You could not be more wrong Lappy.