It sounds wacky because they're framing it in the worst possible light to generate populist outrage and get more clicks. The goal of raising interest rates is

It sounds wacky because they're framing it in the worst possible light to generate populist outrage and get more clicks. The goal of raising interest rates is to contract the money supply because it would disincentivizing lending. Increasing unemployment is an unfortunate side effect, but clearly not their intention.