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3min chapter
Soaring U.S. Debt & Class Struggle
The Socialist Program with Brian Becker
Impact of Federal Reserve Interest Rates on Inflation and Borrowing Practices
This chapter examines the complex dynamics between Federal Reserve interest rates and banking practices, revealing how lowered rates may not benefit the public due to banks' discretion in passing on savings. It emphasizes the risks of increased borrowing potentially exacerbating inflation, highlighting the current economic system's inconsistencies and instability.
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Discover
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