Submitted by giteam t3_y9padn in dataisbeautiful
pattydo t1_it7qukw wrote
Reply to comment by LeroyoJenkins in [OC] Inflation rate and nominal interest rate by giteam
Even every country raising interest rates isn't going to do much for inflation. It's not the 1980s anymore, the economy is changing. Many central banks realize it (like the US), but are raising interest rates anyway because that's the only tool they have.
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