• dohpaz42@lemmy.world
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    5 days ago

    What would the economic impact be if the fed were to lower interest rates due to the Trump admin’s extortion?

    • SupraMario@lemmy.world
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      4 days ago

      Massive inflation, dollar weakens even more, debt is sold, economy shits itself because the buying power is even worse than it is now…which in turn means people lose their jobs and the cycle continues. It’s snowball effect of shit…