The Fed Cannot Solve Supply Side Problems

If you want to slow down the economy by interest rates, you have to raise them prohibitively high. Your saying small ratikes won't make any difference. And if they're large, they do a lot of damage. So, small rate hiks don't solve the problem. You need large rate hikes. But large rate hikes can have major financial implications because they can cause bankruptcies. They can lead to insolvencies. And that's, of course, then you can slovt economy. Obviously you will. You might solve the inflation problem. Now in the current case, i would say you might not even solve the inflation Problem and we risk going into a staf