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A comment on The Fed has made a historic mistake on inflation. Parent comment

Re:The Fed has made a historic mistake on inflation by thoughtstheseus on Monday June 13, 2022 @03:32PM (#31730538)
Agreed. The Fed is racing to raise rates so they have something to cut when the economy turns south.

We can also blame the politicians who cut taxes in the longest, largest bull market for financial assets in history.

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Re:The Fed has made a historic mistake on inflation by rnk on Monday June 13, 2022 @03:45PM (#31730748)
At the time, every commentator not in Congress or the Republican party said it was a bad choice to stimulate the economy with a sugar-high unneeded stimulus. But once that's in the system, correcting it hurts the next guy in charge, thus we don't get anywhere till we hit a crisis point.
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