[beardedetim]

I agree that they are stuck in a bind, for sure, and they are definitely causing a recession in order to stave off the larger dragon/danger of inflation.

Also agree it's largely due to QE! I think the only thing I find weird enough to pause and think "huh, that's weird" is the timing. Labor gets market power and oh wow, we better fight inflation.

Maybe it just all happened at the same time and COVID caused it to bubble over. Just seems weird timing to me.