Posts

avatar of @jfang003
25
@jfang003
·
·
0 views
·
1 min read

Well interest rates were already almost rock bottom before the pandemic since the government never really let the economy recover fully. With the velocity of money dropping, they need more money in the economy and that is why QE to reduce interest rates to spur more borrowing happened. I just don't see how interest rates will go up that much despite the amount being printed. At this rate, I think they are just trying to lower the faith and confidence in the US dollar and in that case then inflation can occur.

Posted Using LeoFinance Beta