Quote:
Originally Posted by GGG
A recession induced by high interest rates. High interest rates stifle economic growth in a similar manner to interest rates by removing money from the system.
This recession is intentional right now to fight inflation.
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The reasons for this recession are a lot more complex than just raising interest rates. Not a lot of good options unfortunately.
The other side of the coin is that if you have low interest rates and high taxes, your could end up seeing housing affordability spiral further out of control.