JustAManOnAToilet@lemmy.world to News@lemmy.world · 1 年前JPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest ratewww.cnn.comexternal-linkmessage-square26fedilinkarrow-up174arrow-down113
arrow-up161arrow-down1external-linkJPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest ratewww.cnn.comJustAManOnAToilet@lemmy.world to News@lemmy.world · 1 年前message-square26fedilink
minus-squareDienervent@kbin.sociallinkfedilinkarrow-up2·1 年前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.
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.