this post was submitted on 08 Aug 2023
181 points (91.7% liked)

World News

32316 readers
561 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
[–] zephyreks@lemmy.ca 1 points 1 year ago

The principle being, lower interest rates lead to more debt because spending is less expensive.