They have already raised rates enough to suffocate the economy; this episode is just one example. They have not raised rates enough to kill inflation, because t

They have already raised rates enough to suffocate the economy; this episode is just one example. They have not raised rates enough to kill inflation, because the inflation we're seeing today is due to input costs and monopoly rents. The interest rate could be 15% and it wouldn't change those facts. The real reason interest rates are rising is to kill the infant unionization trend in its crib. SVB is just collateral damage.