[cgbg]

The Fed rate has to get above the inflation rate to seriously curb inflation—long long way to go....and the economy will crash and burn well before they get there.

This is like trying to have a “soft landing” with both engines gone—at 10,000 feet.

Bidet says “Hey, the landing gear still works.”

;-)

[Theoria]

Won't matter as long as the r’s and d’s run trillion dollar deficits.