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by swellguy 1278 days ago
What bothers me about this space is that interest rates are seemingly not the right hammer to deal with inflation precisely and the Fed itself doesn't understand the relationship between interest rates and inflation (i.e. recall "transitory"). As a programmer, I liken it to seeing a kernel fault, isolating the fault to a certain file via a stack trace, then deleting that file and its upstream/downstream implications and hoping for the best.