JustAManOnAToilet@lemmy.world to News@lemmy.world · 1 year agoJPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest ratewww.cnn.comexternal-linkmessage-square20fedilinkarrow-up174arrow-down112
arrow-up162arrow-down1external-linkJPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest ratewww.cnn.comJustAManOnAToilet@lemmy.world to News@lemmy.world · 1 year agomessage-square20fedilink
minus-squareDienervent@kbin.sociallinkfedilinkarrow-up2·1 year agoYou’re describing profit, not money supply. Bank profits don’t cause inflation in the way you seem to say and bank profits are no different than any other company’s profits in terms of how they affect inflation.
You’re describing profit, not money supply.
Bank profits don’t cause inflation in the way you seem to say and bank profits are no different than any other company’s profits in terms of how they affect inflation.