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TexButtery t1_j34twg2 wrote

Reply to comment by whynotjoin in US jobless claim applications fall to lowest in 14 weeks by AudibleNod

The interest rates need to be higher. It encourages saving and less credit/loan usage.

Interest rates set near zero for years is asinine.

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whynotjoin t1_j34uahl wrote

Yes- however the speed they are doing it now is just as ridiculous as having them near zero for so long. Particularly given so many of the issues impacting the current inflation are minimally impacted by interest rates.

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