this post was submitted on 14 Sep 2023
1458 points (93.5% liked)
Memes
45746 readers
1560 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not to mention that the whole idea behind the Fed raising interest rates and "cooling off the economy" is to raise unemployment, lower employee bargaining power, and therefore keep wages low.