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Can someone explain what is meant when people talk about "increased interest rates" and "no more free money"? (hexbear.net)
submitted 2 years ago by to c/askchapo@hexbear.net
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Pretty much title. I've seen this talked about a lot but I only very vaguely know what all this means, could someone elaborate on what happened, why it happened and what the consequences of it are?

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[–] 7 points 2 years ago

When you get a loan they are now more expensive. You pay more dollars in interest for the money now.

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