Xelasnave.1947
Valued Senior Member
I dont know in so far as I cant give authority but I thought the idea behind interest rate moveme t was to control the employement a d therefore inflation. I dont think I got it out of thin airbut at myage who knows.Where on earth did you come up with that bizarre notion?
Yes.More employment would mean more money circulating in the economy, and businesses grow and multiply to absorb the greater spending power of more people. The more businesses the more competition, and generally the lower the prices of goods and services.
Sounds reasonable.Without welfare, there would be incentives to work, graduate high school, and marry before having children...the three biggest predictors of getting out of poverty.
I e joyed your post thank you.
Alex