2 ms·

I would believe that except that the rate hikes have no endgame. If he let the rates decline - wouldn’t inflation start again? It’s like having a car with brak

I would believe that except that the rate hikes have no endgame. If he let the rates decline - wouldn’t inflation start again? It’s like having a car with brakes and a stuck gas pedal. You can get the car to slow down but you aren’t really in control…

credit_guy 3y ago
> If he let the rates decline - wouldn’t inflation start again? Maybe it would. But why exactly are rates supposed to be low? Historically 5% rates were, if anything, low not high.