smartest_kobold t1_iwpxlq2 wrote
Reply to comment by pahnzoh in Eversource customers could face another rate hike as utility tries to lock in new contract by netnothing
Fed's raising interest rates specifically to increase unemployment. Got any other theories?
pahnzoh t1_iwpyjjs wrote
Well not just the interest rate increases. Look at all of the money they just magically add into the economy via buying treasuries. Trillions during the 2 year covid era, even more than that before during the 08 financial crisis.
It's not really a D vs R political problem because neither party really has any position to change it.
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