The cost of another rate hike will be paid by workers in the form of higher unemployment and lower real wages, Gustavo Indart writes.
  • Cyborganism@sh.itjust.works
    1·
    1 year ago

    Yes. Exactly.

    They know that people’s spending for basic needs was basically “subsidized”, so they thought “hey! free money!” and jacked up the prices because they knew they could.