[willcipriano]

This is the federal reserves stated position.

https://mronline.org/2022/05/26/u-s-federal-reserve-says-its...

[uoaei]

Given the obviousness of the consequences, it's hard to imagine the Greatest Minds In Monetary Policy haven't foreseen the fact that labor is hurt and corporations are effectively subsidized when enacting such policies. So it must be intentional.

[cycomanic]

This is absolutely ridiculous, maybe they should start by reducing his salary.