Markle wrote: boards of FL wrote: Markle wrote: boards of FL wrote:Look, everyone! It's that guy who has said on several occasions that increased interest rates cause inflation, and he's trying to talk about economics again!
Hahahahaha!
Not what I said. But, I understand, you have nothing else.
In your own words.
Markle wrote:The Fed has been spewing out trillions of dollars in order to keep interest rates low so as to help the anemic economy. When that slows, at some point they will have to start buying back those dollars.
When interest rates increase, the cost of everything increases. I'm surprised that is new to you. That will cause inflation.
When there are fewer dollars in the market, there are fewer dollars chasing the goods and services.
https://pensacoladiscussion.forumotion.com/t19803p60-six-suicide-car-bombers-strike-ramadi-where-the-battle-for-the-city-continue-at-this-moment#234786
Like I said. I did not say that interest rates causes inflation. I said when the cost of everything increases, THAT causes inflation.
See the failed administration of Jimmy Carter.
You seriously have to be kidding me. This is what you said:
Markle wrote:When interest rates increase, the cost of everything increases. I'm surprised that is new to you. That will cause inflation.
You even went on to qualify that hilarious statement further by providing a theoretical explanation of why increased interest rates cause inflation, and your theoretical explanation was completely backwards as well!:
Markle wrote:When there are fewer dollars in the market, there are fewer dollars chasing the goods and services.
Further, now you're trying to pretend as if you didn't actually say any of the above and that you instead said that...:
Markle wrote:I said when the cost of everything increases, THAT causes inflation.
When the cost of everything rises broadly,
that is inflation. That doesn't
cause inflation but, rather,
that is inflation.Further, when you explicitly say that "when interest rates increase...that will cause inflation" you can't really come back later and say "I never said that!"
But lets put all of that aside for a second and pretend that you never said any of the above. Let's strike all of that from the record for a second. When the fed increases interest rates, does that place upward or downward pressure on inflation? Forget what you said in the past. Let's see if you can at least get it right now.
So the question to you now is: When the fed increases interest rates, does that place upward or downward pressure on inflation?
Home
