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tsunamifuryyesterday at 8:38 PM1 replyview on HN

And in reality shifted labor markets and supply chain was the issue and the FED in 22 raised interest rates to 'regress labor back to their natural position'.

Never forget: the FED did this more than any republican or democrat and their new stated position is to ensure not the enablement of the population but keeping the labor pool 'in their place.'

This, beyond everything else, changed america the most in recent history.


Replies

triceratopsyesterday at 10:07 PM

I don't know that higher interest rates are necessarily anti-labor. Low interest rates result in rapid asset inflation and labor usually owns fewer assets.

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