US Economics Explained Through a Rube Goldberg Machine
Understanding the inner-workings of the US economy can be difficult—even for those with a degree in economics. With the US Federal Reserve announcing an increase in the Federal Funds Rate, many understand that to simply mean interest rates will rise, but there’s a lot more going on. To help make the maneuver more comprehensible, the Times created a Rube Goldberg Machine to explain, step by step, how rising interest rates will affect everything from unemployment rates to grocery prices.
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Via nytimes.com link opens in a new window
