Would you rather inflation stay at 10%? This is the real cost of the government shutdowns and money printing to cover the shutdowns.
I would prefer that over a massive recession and/or a possible depression.
The predicate here is just plain wrong. Raising interest rates is not the only way to control inflation. I would be in favor of holding spendinig and get Trump back into offce. We can do this without getting unemploymet up over 10 %. What fools. Playing with fire..