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Strategies & Market Trends : The Art of Investing
PICK 46.18-0.3%4:00 PM EST
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To: kidl who wrote (4457)6/18/2022 3:58:43 PM
From: Sun Tzu  Read Replies (1) of 10590
 
>> The Fed could raise interest rates tenfold. It wouldn’t do anything to reduce inflation

That was exactly my point. I mean there is a point at which the Fed could so utterly destroy demand as to bring the inflation down, but that would be a cure worse than the disease.
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