That's because interest rates are the Wizard of Oz routine The operation behind the curtain is making people unemployed. That's how inflation is actually curbe

That's because interest rates are the Wizard of Oz routine The operation behind the curtain is making people unemployed. That's how inflation is actually curbed - eliminating wages from certain people and providing no alternative job. Since they have less money, they naturally demand less. That elimination of demand then impacts prices - eventually.