What's the Impossible High Rates Really Doing?

I don't see what the impossible high rates is actually achieving when it comes to, if you do what I call public private money. The onshore banking sector, where deposits are insured by the Treasury and regulated by the Federal Reserve, that spigot of monetary creation has been broken since 2008. And then I think the other thing too is the strong dollar or expensive dollar, I should say, better than week, it's expensive. That's a disinflationary. Also, exporters from the US are going to get hammered if they haven't already because it's going to be harder to sell things there.