Robert Reich
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Once again, interest rate hikes are going to fall hardest on low-wage workers and the poor — the same people who have already been hurt the most by rising prices.

Higher rates could also imperil more banks, and risk even more financial chaos.

The Fed is playing with fire.
03:55 PM - Mar 22, 2023
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Yvette
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I feel very badly for people in credit card debt or those with adjustable rate mortgages. They sent me an advertisement yesterday for a credit card with a 0% interest rate for 6 months then it would go up to 29.4%! That’s just insane. The rich get richer. The rest of us are lucky to tread water!
In response to Robert Reich.
03:59 PM - Mar 22, 2023
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