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remember, lowering the rate at the fed doesn't fix this, because it doesn't put any money in consumers' hands.
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All that can maybe happen with lower rates is businesses could do teaser rates .. for consumers to spend more money that they already don't have
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@sickburnbro deflation is the only thing that can fix what they've fucked up but the (((bankers))) won't go for that
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@TeaTootler well, deflation is rough for a lot of companies. Anything you've purchased in the past and are still pay for becomes more expensive.
If you've purchased a $10 million machine under the assumption that it will spit out widgets such that it pays for itself in 2 year, and you've financed $8mil of that.. if your widgets start selling for less, you still have that cost you incurred prior to the deflation.