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RE: Drakos Witness Update 2017-10-15
Raising interest on an already inflationary currency like fiat cash and SBD increases its supply, and hence inflates and devalues it even more.
The higher the rate the lower it will go.
I am not sure that it is completely true, but I do believe that it is more true than false.
Credit to MMT proponent Warren Mosler and his disciple Mike Norman.