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A comment on Fed hikes rates by 0.25 point despite recent turmoil in the banking sector. Parent comment

Re:Fed hikes rates by 0.25 point despite recent turmoil in t... by roflyear on Wednesday March 22, 2023 @06:13PM (#35267758)
US will not go back to price controls. That would make sense, but can you imagine the cries of socialism?
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Re:Fed hikes rates by 0.25 point despite recent turmoil in t... by naasking on Wednesday March 22, 2023 @08:05PM (#35268827)
So increase corporate taxes, even up to capping profits. That's effectively what raising rates does to employment and wages. Capital has had all the control for too long.
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