> Raising rates now would cool off investment, the logic goes, and how is that helpful at a moment when we don’t have enough factories or cargo ships? Exactly.

> Raising rates now would cool off investment, the logic goes, and how is that helpful at a moment when we don’t have enough factories or cargo ships? Exactly. The world needs at least twice as many factories and cargo ships as it has right now. The existing ones continue to churn out technology/products of the past and the new ones will produce all these things that we urgently need to invent needs for. /s