this post was submitted on 29 Apr 2025
976 points (98.9% liked)
pics
19744 readers
1274 users here now
Rules:
1.. Please mark original photos with [OC] in the title if you're the photographer
2..Pictures containing a politician from any country or planet are prohibited, this is a community voted on rule.
3.. Image must be a photograph, no AI or digital art.
4.. No NSFW/Cosplay/Spam/Trolling images.
5.. Be civil. No racism or bigotry.
Photo of the Week Rule(s):
1.. On Fridays, the most upvoted original, marked [OC], photo posted between Friday and Thursday will be the next week's banner and featured photo.
2.. The weekly photos will be saved for an end of the year run off.
Instance-wide rules always apply. https://mastodon.world/about
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm no economician, but 1. this price hike has nothing to do with inflation, and 2. Interest rates aren't used to bring prices down, they're used to bring inflation down.
The price hike causes inflation, as the tariff is passed on to consumers. Interest rates control the growth in the money supply, with less physical money available the velocity of money slows and prices fall, which causes deflation.