Totally disagree. We’re sitting at almost zero percent interest rates because the fed can’t take their foot off the pedal. More isn’t going to help bring back

Totally disagree. We’re sitting at almost zero percent interest rates because the fed can’t take their foot off the pedal. More isn’t going to help bring back the middle class. Volker broke the stagflation of the 70s and is probably the only decent chairman. Bad trade deals, runaway education and health costs, regressive taxes, foreign wars, etc. have done more to decimate the middle class than interest rates being too high. If anything, the fed has helped accelerate / fund much of this mess with ridiculously low interest rates for decades. Certainly it will hurt when rates go up, but it hurts to pay off your credit cards too. Cheap money funds malinvestment, flows to the politically connected, and aggravates income inequality. It’s just tough to notice. You may get a raise at work but don’t realize the bosses mansion/stock just appreciated 100 times more than your raise. You feel good but your ability to purchase things decreased.