How does raising interest rates control inflation?
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YouTubeThe Economist
How does raising interest rates control inflation?
When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film tells you why. 00:00 - Why should you care about rising interest rates? 00:45 - What are interest rates? 01:36 - What do central banks do? 02:14 ...
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How Everything Works on Instagram: "Gold is a pure chemical element — and when it reaches nearly 100% purity (24 karat), it becomes surprisingly soft. Unlike many hardened metals, pure gold can be scratched or even gently cut with a knife. This softness isn’t a flaw — it’s actually a sign of purity. Because of this, most jewelry isn’t made from pure gold. Instead, it’s mixed with other metals to make it stronger and more durable for everyday wear. In its rarest form, gold shows its true characte
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