inflation=good?

The Federal Reserve said yesterday it would raise interest rates by a quarter point to a range of 4.75%-5.0%. Officials said the move was necessary to fight inflation, with consumer prices having increased more than 6% on a year-over-year basis every month since October 2021. The historical inflation target is around 2%.

Inflation is too high (ahem, caused by the gov printing money out of thin air) so let's raise interest rates. That will fight it off...   what ever possible sense does this make???


also, I've seen articles and I believe there is one on the fed website saying what is referred at the end here. The goal is to keep inflation at 2%.  Again, whatever sense does this make? wouldn't you want to shoot for no inflation?

My [extremely limited, mind you!] understanding is that increasing interest rates is sort of the standard means to fight off massive inflation hikes.  They do it every time to some positive effect in curbing inflation.  But you're totally right: it's just a bandaid fix and not addressing the actual problem...  Sigh...

And these rate hikes are partly what is causing the bank crisis. The Fed is evil.
You want some inflation, it's growth in the financial and business sector but it's way out of control.

^Yup.  Sometimes I wonder if our country isn't totally owned by our nation's enemies and they're just dismantling us from within.  :/

^^Thats why we have this guy:

You are all correct in your assessments.  
What the Fed is doing is a Band-aid solution at best to a Godzilla in the room.

The government caused the inflation by first shutting down the economy, then following with huge doses of reckless spending, printing gobs of money and handing it out indiscriminately, and by cutting off oil & farm production and creating huge spikes in electricity & housing costs as well as supply chain disruptions.   

And don't forget the billions we are giving to migrants, WH cronies, the Ukraine, NATO, The WHO, etc.   

Now the Fed has to pretend that the WH is doing a fine job and that they (the Fed) merely have to "cool the economy down" by raising those pesky interest rates so that borrowing and wage inflation and general activity slows down.

It's all a terrible joke.  But they know that the average American doesn't understand economics and so all they need do is blame Trump or Putin or Covid or Global Warming and at least half the country will fall for it.

One of Ron Paul’s biggest goals during his campaign was to END THE FED! 

Too bad not enough people listened. Ron and his son Rand are hated by the “deep state”. Rand has been attacked by thugs hired by Soros. And just recently one of his staff was stabbed multiple times. Coincidence? I doubt it. They are trying to silence him with fear. 

Rand also put Fauci on the hot seat and exposed a lot of his lies. Unfortunately the mainstream media doesn’t show it.