I agree that interest rates should be above the rate of inflation. I also realize that this will cause much pain, but I believe it's preferable to letting inflation spiral completely out of control and destroying what little value our currency has left.
I agree that interest rates should be above the rate of inflation. I also realize that this will cause much pain, but I believe it's preferable to letting inflation spiral completely out of control and destroying what little value our currency has left.
I agree that interest rates should be above the rate of inflation. I also realize that this will cause much pain, but I believe it's preferable to letting inflation spiral completely out of control and destroying what little value our currency has left.
I just would like to see some more evidence that the rate hikes are in fact containing inflation. Right now, that evidence is sketchy at best.