This content was posted on 5 Nov 22 by Douglas Rushkoff on Twitter
The Fed’s solution of raising interest rates doesn’t discourage gouging, nor does it increase the …
The Fed’s solution of raising interest rates doesn’t discourage gouging, nor does it increase the supply of goods. Raising interest rates is intended to lower demand by making people poorer.
https://medium.com/p/edb0fd255a1c