Indeependent
Diamond Member
- Nov 19, 2013
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Because the US financial institutions that get 89% of the the Fed's money gives money as an investment to businesses around the globe.The world is experiencing inflation currently, so what are you bitching about?
The US is currently responsible for global inflation.
As the Fed raises the interest rate, the invested money will be withdrawn, as is already happening, and the market values of many businesses will drop and global unemployment will rise.