boombust

  1. D

    Why doesn't the 'reserve' start hiking up interest rates now to avoid the boom-bust?

    People blindly go, 'Oh but we need interest rates to stay low to avoid a recession'. Well thats fine, but what do we do when inflation starts getting out of control? I read multiple reports on the weekend that interest rates will remain static for the next 6 to 12 months, then they will go up...
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