Does the market want 'easier access to personal/business loans/credit' or does the market want to 'not deal with programmed inflation (which they can trust because it's programmed), and subsequent loss of Purchasing Power'?
It’s similar to The Marshmellow Experiment that I’m sure you’re familiar with; sometimes debt is actually bad, and prolonged discipline and effort without indebtedness is better
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The benefit in this case of “true”, higher interest rates as opposed to cheaper ones is that no one can now dilute your currency.
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I haven't heard of it. It makes sense in my brain with you explaining it to me. Thank you.
End of conversation
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