> IMO, I'm fine with us keeping high interest rates if it forces a rebalancing of prices long term. House prices are still sticky and high interest rates haven

> IMO, I'm fine with us keeping high interest rates if it forces a rebalancing of prices long term. House prices are still sticky and high interest rates haven't rebalanced anything. Houses are 50%+ less affordable on a month-to-month basis, and housing prices are stable or increasing. If you use critical thinking, it's obvious that inflation is still present and interest rates are masking the inflation. If rates decrease even slightly (Which will ultimately be required due to the ticking time bomb of the government defaulting on the debt and banking system collapse) prices are going to skyrocket. The real problem is that we printed trillions of dollars. That has to come from somewhere no matter how much you fiddle with the interest rates. And that "somewhere" is directly out of the pockets of the middle class.