Hacker News Reader

> rich people need somewhere to put their money.

With more typical interest rates, rich people will make more typical investments.

What will these typical investments be? Consider capital gains taxation versus dividend taxation in your analysis.

Which is great but the fed previously stated that it planned on lowering interest rates once inflation was under control

That's going to take a long time.

2024, according to JPow speeches from a few months ago. Though now I don't know...

Rate hikes may be cancelled if there is a debt crisis.