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"Properly" is a debatable term in the world of economics since its not a hard science. The best we can hope for is to gather many different perspectives and combine them into a reasonable blended average.

If it helps you at all, I just published a new post on rising interest rates, what effects they might have and how you might cope better with them: https://ericvanular.com/rising-interest-rates



Pick up a Mankiw textbook for Macro 101. Avoid anything from George Mason and affiliates like FEE as they are ideologues in their approach.




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