[politicket]

This is what people don't understand.

The Fed is tightening due to "price" inflation (caused by supply shock).

The real problem is "monetary" deflation, and the Fed's actions are making it that much worse.

We're in for some interesting times...

[Mariner]

“The real problem is “monetary” deflation, and the Fed’s actions are making it that much worse. “

Very high rates for savers ends monetary deflation. And there very little risk of it anyway.

While price inflation is a critical, existential threat.