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US interest rates raised for first time in three years

121 points · 126 comments · higginsniggins

  1. qalmakka · · focus · HN ↗
    This is basically self inflicted, as usual messing up in the Middle East always ends up with consumer paying the price for their ruler's stupidity

    "Oh no, my drinking water tastes like crap after I pooped in the well"

    1. outside1234 · · focus · HN ↗
      We can’t afford healthcare because they revoked the subsidies but at least we now also can’t afford gasoline too!
      1. throwaway473825 · · focus · HN ↗
        While this isn't the best way to address the issue, the US is way too dependent on gasoline/diesel for transportation. It's not sustainable.
        1. Retric · · focus · HN ↗
          Being unsustainable isn’t the same as breaking within the lifetime of the people making the decisions. The average US senator is 66, and that’s young compared to the current Supreme Court or the sitting President.
          1. themaninthedark · · focus · HN ↗
            Maybe Trump is secretly for "the green agenda" and this was all part of the plan to stop oil.

            He had that big falling out with Elon so that he can't be accused of pandering to him when electric car sales go through the roof.

            I have also heard that this is really "big oil's" plan, they always manage to cause a huge price spike just when green energy is about to take over the market, somehow this stops the green revolution and forces everyone to go back to using fossil fuels.

        2. Arodex · · focus · HN ↗
          Haven't you heard that thanks to Trump and the Republicans, the start-stop engines are now banned and gas stoves are back? Have you heard the cries of joy every time this has been mentioned in Republican rallies?
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