ilmscore | Prediction Details
"Lower interest rates encourage people to go out and borrow more money. It's just like when Macy's has a sale. When Macy's has a sale, more people go and shop. When interest rates go down, more people borrow. And it's not just people, it's also corporations. And it's also the government. As interest rates go down, governments, corporations, people borrow more money."
By Minority Mindset | December 10, 2024 | Pending
From video
The Fed Is Ignoring Their Own Economic Warnings 00:06:12 - 00:06:31
Interpreted Prediction
Lower interest rates are predicted to increase borrowing by individuals, corporations, and governments.

Prediction Details

Topic
Interest Rates

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