high prices are the cure for high prices. in a sense this is a good thing if it halts the consumer in its track. the more consumer weakness the sooner we can

high prices are the cure for high prices. in a sense this is a good thing if it halts the consumer in its track. the more consumer weakness the sooner we can get rid of inflation and get back on a sustainable growth trajectory. if instead demand was still booming i think the fed would have to raise rates even more aggressively and cause a more serious recession the only downside is if it just causes them to spend the money they would’ve spent on gas elsewhere