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- 🔺Why rising interest rates 🐌 slow down the economy
🔺Why rising interest rates 🐌 slow down the economy
Summary
The video explains how rising interest rates can slow down the economy by making it more expensive for businesses to borrow money, which can hinder their growth and expansion. The presenter uses an example of lending money and how the rate of return compared to a guaranteed return from the bank may sway your opinion on if you want to lend your money to a business.
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