[OgAstorga]

As expected. As interest rates rise more capital that would otherwise be allocated on businesses, real estate, stocks, etcetera is redirected into safer and now more attractive bets like bonds and interest rates tied instruments

[n8cpdx]

It’s amazing seeing all of society stumbling towards re-learning basic economics after being in a collective fugue/mass delusion for 2020-2021.

Fed discovers relationship between interest rates and inflation, more at 11.

[standardUser]

People have been "delusional" in a sense since the late 90's when inflation slowed to a crawl and everyone got used to stable prices. If inflation had been ~1% higher over these last decades, prices wouldn't be far off from where they are now and people wouldn't have flipped out so dramatically over the sudden adjustment.

[bobkazamakis]

>It’s amazing seeing all of society stumbling towards re-learning basic economics

You mean capital will follow the best rates to fight inflation? Crazy!