>basic economics is blind
None so blind…
a) increase the base cost of ANYTHING and either margins drop, unprofitable due to reduced demand, low production volumes, un economic.
b) "money" is abase cost in a debt based system.
c) increasing the cost of "money" is NOT gonna reduce "inflation", gonna cause it. Accountants charge more due to increase porch pmts. Grocer charges more, due to wages cost more & cow deliveries cost more,…
Yea 100% BS that increasing cost money brings down anything, except the fed a PRIVATE company needs money for cashflow reasons. apart from the incoming tax audit.