This seems like it would be economic malpractice to allow high inflation for an ... | Hacker News

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		starkd on Dec 12, 2022 \| parent \| context \| favorite \| on: How sustainable is high interest rates? This seems like it would be economic malpractice to allow high inflation for an extended period. It is especially reckless considering the middle class is the most advervsely affected here. You could easily see the economy do a tailspin and never recover.

landemva on Dec 12, 2022 [–]

Higher interest rates would help pension funds which invest in bonds.

Agreed that high inflation hurts the lower tier who generally don't have assets which keep up with inflation.

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