Rate rises and inequality
Debunking Economics - the podcast
00:00
Introduction
Central banks think that if they keep on pushing up interest rates, the economy will suffer so much that we'll stop buying stuff. But it's also pushing up mortgage rates and rent and adding to the hurt of people on lower income. So when rate rises are finished, do we come out of it with a wider rich poor gap? That's this week on the debunking economics podcast.
Transcript
Play full episode
