> but does not necessarily reduce the supply of goods
Every mainstream economist agrees that rising interest rates increases unemployment.
Well you need human beings to go and make stuff like food and gas. That stuff is also already made as efficiently as possible. So supply is definitely, also, going to be reduced.
Every mainstream economist agrees that rising interest rates increases unemployment.
Well you need human beings to go and make stuff like food and gas. That stuff is also already made as efficiently as possible. So supply is definitely, also, going to be reduced.