has anyone ever managed to ‘ride the knife edge’?
I don ‘t know of any.
We’ve been living with planned inflation since the Fed was created, the question is, how many more notches can you kick it up? This solution is only acceptable if we immediately suspend deficit spending, but given how much of our economy is tied to that type of spending, I believe we would immediately go into a deep recession.
I see no good way out, inflation let’s them kick the can down the r0oad a little further.