How interest rate rises undermine our climate adaption

Created
Wed, 04/10/2023 - 18:28
Updated
Wed, 04/10/2023 - 18:28
It’s Wednesday and I have a few observations on a few things today. I have written before about how the rising interest rates in many nations, far from being deflationary, have demonstrably increased inflationary pressures. The two pathways that this impact occurs are: one, the boost to wealth among creditors coupled with significant proportions of…