[Reiwa]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

I just said!

They raise the interest rates, this lowers investments and stock market goes down (as it is doing) and housing prices go down as mortgage rates go up. yada yada.

The poor, unable to buy homes, unable to invest in a collapsing market, sell their stocks, stop investing, and the cost of thigns go down.

And all while that missery is happening, the wealthy swoop in and buy all that shit at super low low prices from desperate sellers, and, then over time the economy gets stronger and the wealth has been transferred from the 99%, to the 1%

the raelly fucked up thing is during all of this, none of it is driven by the market, all of it, is driven by dials controlled inside the FED.

They turned us into the matrix machine, where they can squeeze more energy out of us but it burns us out more... its crazy.

What's that got to do with government interest?