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0 pointstriceratops14d ago0 comments

I don't know that higher interest rates are necessarily anti-labor. Low interest rates result in rapid asset inflation and labor usually owns fewer assets.

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tsunamifury14d ago

No but the direct statements from the FED itself that it was trying to hurt labor and reduce average household spending was very clear

triceratopsOP14d ago

Fed, not "FED". It isn't an acronym.

The point I was making was labor has something to lose in any interest rate environment.

tsunamifury12d ago

These are all completely non adding comments. You have a problem where you need to correct irrelevant things because you can’t face the point.

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