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2026-09-10 15:00:01 UTC

captjack 🏴‍☠️✨💜 on Nostr: EU rates are surging as the ECB hikes rates by 0.25%. Soon, the ECB will realize that ...

EU rates are surging as the ECB hikes rates by 0.25%.

Soon, the ECB will realize that with debt levels this high, fighting inflation through higher interest rates becomes more painful than inflation itself.

Higher rates mean higher debt-service costs, more pressure on governments to show real frugality and lower spending (which none of G7 will ever do)