The main reason we need much lower interest rates in America...
The main reason we need much lower interest rates in America is because the economy is getting smacked with multiple deflationary forces.
Artificial intelligence is empowering companies to drive more profits with fewer employees. This is deflationary.
Robotics is squeezing inefficiency out of companies, factories, traffic, and warehouses. This is deflationary.
Deportations are reducing the number of people available for certain jobs, while driving down demand for homes, food, and gas. This is deflationary.
If you have these generational deflationary trends hitting the US economy, yet you keep interest rates artificially high, America will end up in a very bad place.
The situation is clear. Technology and immigration policy are changing the structure of the economy.
Lower rates are essential for the foreseeable future.
Artificial intelligence is empowering companies to drive more profits with fewer employees. This is deflationary.
Robotics is squeezing inefficiency out of companies, factories, traffic, and warehouses. This is deflationary.
Deportations are reducing the number of people available for certain jobs, while driving down demand for homes, food, and gas. This is deflationary.
If you have these generational deflationary trends hitting the US economy, yet you keep interest rates artificially high, America will end up in a very bad place.
The situation is clear. Technology and immigration policy are changing the structure of the economy.
Lower rates are essential for the foreseeable future.
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Nobody2 : infalation will rise if rates are cut. if we get cuts the funding will go into Ai mostly