minus-squareEntropywins@kbin.socialtoWorld News@lemmy.world•Turkey hikes interest rate again to 45% after inflation nears 65%linkfedilinkarrow-up7·10 months agoIt costs more to borrow money so consumers and businesses borrow and spend less and when people spend less it drives down price fighting inflation…more or less the thinking linkfedilink
minus-squareEntropywins@kbin.socialtoWorld News@lemmy.world•EU bans ‘misleading’ environmental claims that rely on offsettinglinkfedilinkarrow-up6arrow-down1·10 months agoCarbon negativity was a must 2 generations ago… linkfedilink
It costs more to borrow money so consumers and businesses borrow and spend less and when people spend less it drives down price fighting inflation…more or less the thinking