![Raising interest rates INCREASES inflation because people are not moving upward and buying houses because they won't give up their 3% mortgage, so that creates a shortage of lower priced houses which raises rents, which are 40% of most peoples budget. Duh... [1063x717 - 203KB]](https://pic8.co/sh/sE1CrD.jpg){kind=link}
Kind of like rent controlled apartments in New York City. No one wants to leave.
Kind of like rent controlled apartments in New York City. No one wants to leave.
Kind of like rent controlled apartments in New York City. No one wants to leave.
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