Is the Fed Raising Interest Rates to Control Inflation?

Since 19 81, there has been a gargantuan increase in the amount of national debt. As inflation worsens, and particularly as the fed responds to it by raising interest rates, then the interest burden on the debt also goes up. So all this means that the fiscal situation becomes more difficult with so much debt outstanding. It is disturbing to think that we have a higher ratio of debt to g d p than we've had since the second world war.