the whole idea of crashing the economy to control inflation seems surreal to me.
its a supply and demand problem but what they want to do is decrease demand, not increase supply
Yep. Chris Markowski said on his show a few weekends ago something to the effect of:
It takes a special kind of imbecile to look at an inflationary economy that wasn’t caused in the least by low interest rates and try to reverse said inflation with high interest rates.
