All this 50 and 75 basis point hikes are pure rubbish. Should just do a 1000 basis point hike and I am 110% sure that inflation will fall like ameteorite and unemployment will rise like a rocket.

# Fed’s Rate Hike in September

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  • klarky
    ·2022-10-11
    true it will, inflation will only drop when demand drops. The more people that can't afford to buy anything will drop demand as soon as credit dries up. I reckon we are about 6 months away from that now when Credit cards increase to 35%
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