This type of inflation experienced by the world right now deserves interest-rate cuts….not rises.
War-induced inflation is completely different to wages-induced inflation.
The mainstream media and central banks pretend war-caused inflation is because of wage rises….it clearly isn’t.
Wages are under pressure because of AI layoffs.
Lower interest rates would, on the other hand, spur investment in clean energy ….and will reduce the risk of further energy crises….and it will lower the risk of this type of inflation.
Clean-energy investment is especially sensitive to interest rates because the investment in solar farms is upfront for example … once clean energy is in place it is practically free.
President Trump is seeking to protect fossil fuels and erode clean-energy investment….that’s why he is pushing a wrong-headed move that will protect his supporters, such as giant, under-regulated bank JPMorgan Chase, which benefits tremendously from higher interest rates.
The people need protection against this type of inflation in the future…cut the cost of clean investment … now … by pushing for lower interest rates….lawmakers and central banks….PLEASE!
Higher interest rates make everything more expensive for the people….especially housing costs.

