14 () posted 2 years ago by BuckeyePatr1ot 2 years ago by BuckeyePatr1ot +14 / -0 7 comments share 7 comments share save hide report block hide replies
They did it in 1981. It worked to curb inflation. They would do it again.
Debt levels were much different. The financialization of economy wasn’t a thing either.
^ This.
The fed is caught in a trap of their own making.
They will have to reverse course by the end of the year.