What Goes Up cover image

Fed Hawks Take Flight

What Goes Up

CHAPTER

Is There a Chance That Aggressive Rate Increases Will Not Solve the Problem?

If you start stifling consumer credit, company credit, things really slow down fast. That's what actually happened to shut down two years ago. At i was shutting down the economy, after amplified effect on credit, we were immediately in a recepsion almost o the day that we shut down the economy. And thethe point is, how many rate hites are really necessary in order to get the afflitio rate down? Now, ther's one advantage that the fat has over other central banks in that regard, and thats a dollar. Because if you were the high rates such that you're getting a further serge in the dollar colf that way. Take a look at 20

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