Is the IMF Keeping a Real Rate?

The U.S. is on the same path that's starting at a much lower level, but everybody started somewhere, right? And so we're raising rates to four. If that's going to cause inflation to go higher than otherwise, if the Fed's forecast is one eight, it goes to two five or two six. It's highly regressive because all these interest payments are like basic income for people who already have money and proportion how much you have. But yeah, so it's curious. I've managed to persuade everybody else to go along with them on this one.