Quote:
Originally Posted by GGG
Inflation won’t be stopped by interest rates in this case. Propping up the dollar with high interest rates doesn’t really help when the solution will be to invest and repatriate production that was occuring in the US. Along with building export infrastructure for Potash, Oil and other goods.
Lots of investment needed and lots of raw materials. As long as the global economy falls with the dollar low interest rates should be punative
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Did you mean to say “low interest rates should not be punitive”?