1 Comment

I think you left one out. If the inflation rate falls below the Fed Rate, then I believe they will lower rates. However, I think they have a long way to go. I don't believe the published inflation rates, as they continue to change the way inflation is measured. They are between a rock and a hard place. If they continue to raise rates to control inflation, they will destroy the banking system. If they don't increase rates or lower rates, inflation will continue unabated, which leads to hyperinflation. If you want to know more about hyperinflation, read "When Money Destroys Nations", which is about the hyperinflation in Zimbabwe from 1998 to 2008. I think I would rather see the destruction of the banking system.

Expand full comment