Right, the mechanism the Fed has available isn’t perfect, but it is a good tool. In general, lowering demand for goods will decrease upward price pressure. Un

Right, the mechanism the Fed has available isn’t perfect, but it is a good tool. In general, lowering demand for goods will decrease upward price pressure. Unfortunately, rapid rate increases are needed. The downside will be painful. The crying, screaming, bargaining and delusion we are seeing is normal as money gets expensive, asset values drop and times get harder.