Rising Rates of Interest Aren’t a Signal of a ‘Credit Crunch’

Rising Rates of Interest Aren’t a Signal of a ‘Credit Crunch’

Upworthy

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“Hear that? It’s the sound of credit crunching all across America.” Those are the words of Catherine Rampell, columnist for the Washington Post. Rampell sees higher interest rates at banks as the source of what she imagines to be a credit crunch, but consider what she’s saying: “I’ve been struck…

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