5min chapter

On Purpose with Jay Shetty cover image

Jaspreet Singh ON: 3 Money Myths That Are Making You Poorer Every Day & How to Survive and Thrive in a Recession

On Purpose with Jay Shetty

CHAPTER

Is There a Slowdown in the Economy?

High inflation is causing a slow down in the economy. If they keep increasing interest rates to fight inflation, we are going to enter a recession. Thet means your raising interest rates, markets go down and some businesses will go under. However, this will cause a reef fresh and things will be able to get better. This creates opportunity for you to go and buy some assets. You can potentially find some cryptor currencies on sale. But what you want to understand is the lesser of two evils is to cause a recession.

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