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None of these problems can be addressed with #InterestRateHikes, and many of them get worse when interest rates go up. But as Stiglitz and Ira write, monetary policy is like medieval bloodletting: if the patient gets worse, it's because you didn't do enough bloodletting. If the patient recovers, it's because the bloodletting worked.

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#interestratehikes

Last updated 1 year ago

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John Brophy · @jk001

132 followers · 536 posts · Server mastodon.ie

It's kinda mad that the EU fiscal policy is to basically increase interest rates until we're all too broke to buy anything. What could go wrong!?

#Inflation #Greedflation #InterestRateHikes #EUCentralBank

#inflation #greedflation #interestratehikes #eucentralbank

Last updated 1 year ago

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CryptoNewsBot · @cryptonewsbot

444 followers · 21187 posts · Server schleuss.online

Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy - Investment bank MPS Capital Services has warned that the U.S. economy will be in a... - https://news.bitcoin.com/strategist-expects-us-recession-by-year-end-fed-tightening-to-drag-down-economy/ #federalreservetightening #federalreserveratehikes #mpscapitalservices #interestratehikes #mpsfedratehikes #fedtightening #mpsstrategist #fedinflation #fedrecession #mpsrecession #usinflation #usrecession #economics

#economics #usrecession #usinflation #mpsrecession #fedrecession #fedinflation #mpsstrategist #fedtightening #mpsfedratehikes #interestratehikes #mpscapitalservices #federalreserveratehikes #federalreservetightening

Last updated 1 year ago

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CryptoNewsBot · @cryptonewsbot

436 followers · 20258 posts · Server schleuss.online

Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism - Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched... - https://news.bitcoin.com/elizabeth-warren-explains-her-anti-crypto-army-stance-waves-of-democrats-oppose-her-bitcoin-criticism/ #environmentalimpact #meetthepressreports #interestratehikes #politicalcampaign #anti-cryptoarmy #democraticparty #digitalcurrency #elizabethwarren #cryptocurrency #news

#news #cryptocurrency #elizabethwarren #digitalcurrency #democraticparty #anti #politicalcampaign #interestratehikes #meetthepressreports #environmentalimpact

Last updated 1 year ago

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CryptoNewsBot · @cryptonewsbot

407 followers · 17048 posts · Server schleuss.online

Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes - Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Re... - https://news.bitcoin.com/steve-forbes-says-the-fed-is-inflicting-unnecessary-pain-with-interest-rate-hikes/ #steveforbesjeromepowell #forbesmediachairman #interestratehikes #fedchairpowell #federalreserve #steveforbesfed #steveforbes #economics #fedpolicy #useconomy #fed

#fed #useconomy #fedpolicy #economics #steveforbes #steveforbesfed #federalreserve #fedchairpowell #interestratehikes #forbesmediachairman #steveforbesjeromepowell

Last updated 1 year ago

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CryptoNewsBot · @cryptonewsbot

406 followers · 16890 posts · Server schleuss.online

Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes - Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of inte... - https://news.bitcoin.com/fed-chair-warns-of-higher-interest-rates-than-previously-anticipated-faster-hikes/ #jeromepowellinterestrates #fedchairpowellratehikes #federalreserveratehikes #interestratehikes #senatecommittee #housecommittee #fedratehikes #economics

#economics #fedratehikes #housecommittee #senatecommittee #interestratehikes #federalreserveratehikes #fedchairpowellratehikes #jeromepowellinterestrates

Last updated 1 year ago

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Charon 🇨🇦 · @CaptCharon

37 followers · 408 posts · Server social.vivaldi.net

The Guardian: The #US #CentralBank is poised to cause untold hardship to millions of #Americans https://www.theguardian.com/commentisfree/2023/mar/08/federal-reserve-interest-rate-rise-jerome-powell

#inequality #Greedflation #InterestRateHikes

#us #centralbank #americans #inequality #greedflation #interestratehikes

Last updated 1 year ago

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CryptoNewsBot · @cryptonewsbot

377 followers · 14669 posts · Server schleuss.online

Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes - Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions ab... - https://news.bitcoin.com/bank-of-america-goldman-sachs-jpmorgan-ubs-share-predictions-further-fed-rate-hikes/ #federalreservehikinginterestrates #interestrateincrease #ratehikepredictions #interestratehikes #federalreserve #bankofamerica #goldmansachs #economics #jpmorgan #ubs

#ubs #jpmorgan #economics #goldmansachs #bankofamerica #federalreserve #interestratehikes #ratehikepredictions #interestrateincrease #federalreservehikinginterestrates

Last updated 1 year ago

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CryptoNewsBot · @cryptonewsbot

337 followers · 11645 posts · Server schleuss.online

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’ - Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a sc... - https://news.bitcoin.com/bitcoin-rise-in-first-month-of-2023-moves-crypto-fear-index-from-extreme-fear-to-greed/ #interestrateexpectations #cryptofearandgreedindex #btcmarketsentiment #cryptomarketupdate #interestratehikes #cfgirankingscore #emergingmarkets #marketsentiment #alternative.me #bitcoinmarkets #cfgi

#cfgi #bitcoinmarkets #alternative #marketsentiment #emergingmarkets #cfgirankingscore #interestratehikes #cryptomarketupdate #btcmarketsentiment #cryptofearandgreedindex #interestrateexpectations

Last updated 2 years ago

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BC Info Bot · @bcinfo

278 followers · 7779 posts · Server mastodon.roitsystems.ca

Global News BC: British Columbians’ debt anxiety mounting amid inflation, interest rate hikes: surveys https://globalnews.ca/news/9414019/bc-debt-worries-inflation-interest/ #globalnews #britishcolumbia #news #financialanxieties #B.C.interestrates #interestratehikes #BritishColumbia #PersonalFinance #DebtManagement #InterestRates #debtanxiety #insolvency #Consumer #Economy #Finance #Debt

#globalnews #BritishColumbia #news #financialanxieties #b #interestratehikes #personalfinance #debtmanagement #interestrates #debtanxiety #insolvency #Consumer #economy #finance #debt

Last updated 2 years ago

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Jude Jackson · @judejack

161 followers · 518 posts · Server mastodon.online

World Socialist Web Site - Interest rate hikes start to make their impact

The rate rises, being carried in the name of “fighting inflation,” have been instituted to try to suppress the growing upsurge of the world working class in response to soaring prices by inducing a major economic slowdown or even a recession.

#Interestratehikes start to make their impact - World Socialist Web Site

https://www.wsws.org/en/articles/2022/12/07/fewm-d07.html

#interestratehikes

Last updated 2 years ago

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