• amitjainjablpur Profile Picture

    Amit k Jain 🛢️ @amitjainjablpur

    a year ago

    To answer the question, it's complicated. While Trump didn’t support higher interest rates, which makes sense given America’s $35 trillion debt, lower rates can contribute to inflation. After 2008, rates were near zero, and we still saw inflation creep up. The current inflation is largely due to the $9 trillion stimulus from the Biden administration, and that impact will take time to settle. So, reducing inflation isn’t just about raising interest rates—it's more about balancing long-term policies. Honestly, I think the question oversimplifies a complex issue.

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