this post was submitted on 06 Oct 2023
907 points (97.0% liked)

World News

32297 readers
928 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago

Recent inflation was actually caused by lending rates dropping to zero, investments being made on that basis and now that lending rates are normalized costs are increasing, and now prices are increasing to maintain profits.