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Interest rates
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69Cat
Posted 8/23/2024 10:28 (#10862850 - in reply to #10862819)
Subject: RE: Interest rates


When the central banks have flooded the economy with cheap debt for 15 years and so devalued the existing currency which is "inflation", then we must assume the cure is more debt via lower borrowing costs once again.

Should work this time. That is what all the experts are proposing.

Maybe this time the cheap debt will lead to a strong and healthy economy which creates savings so that the debt accumulated from the past 15 years will be paid off. Somewhere there will be a white paper on how this will all happen and that is what is shaping this new policy.
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