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A comment on Fed raises rates by another 75 bps to fight inflation. Parent comment

Re:Fed raises rates by another 75 bps to fight inflation by throw0101c on Wednesday September 21, 2022 @08:16PM (#32933336)
> It's the result of too much money sloshing around in the economy, thanks to trillions in deficit spending.

Or it's because of oil suddenly getting expensive:

* https://en.wikipedia.org/wiki/Cost-push_inflation

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Re:Fed raises rates by another 75 bps to fight inflation by WalterBright on Wednesday September 21, 2022 @08:37PM (#32933462)
Cost-push inflation is a myth. The proof is that there is no general price decrease when oil prices drop.
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Re:Fed raises rates by another 75 bps to fight inflation by throw0101c on Thursday September 22, 2022 @06:53PM (#32945664)
* https://en.wikipedia.org/wiki/Nominal_rigidity
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