Submitted by LessTalkMoreRock1 t3_yhqbqx in wallstreetbets
MajorProblem50 t1_iuj70uc wrote
Reply to comment by wishtrepreneur in Let’s reflect on Jpows rate hikes up until now. by LessTalkMoreRock1
It's the only thing the fed can do. Rate hike is good for the rich. The job economy is too stron. We want cheaper labor and cheaper stuff and it's the big advantage for the rich. Cheaper stuff doesn't matter for any of us if we're going to end up at the soup kitchen and wendy's dumpster.
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