The Fed's Rate of Change

I think again, they're trying to over tighten just to get inflation to extreme lows so that they have an excuse to basically loosen up really, really quick. People are taking their money out of banks, putting into money market funds, you don't need to bank anymore if you can get 6% on your assets. So I figured they would do this. Maybe they still do another 20 of the base points. It's when it was going from 0.25 to 0.5 to 1, that's bad. Now we're going in the right direction.

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