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119

Why hesitate to raise rates?

Because the intention isn't to fight inflation. "Too little too late" was designed to fail. They wanted the best (for them) of both worlds, high inflation in core CPI, to pay for the cost of high rates, the 'tax' of which will be bunted to the consumer.

Corporate welfare for them, socialist destruction for everyone else.

The entire collapse is manufactured. It's artificial and purposeful destruction.

A naked power grab and massive wealth transfer to the banks.

Why hesitate to raise rates? Because the intention isn't to fight inflation. "Too little too late" was designed to fail. They wanted the best (for them) of both worlds, high inflation in core CPI, to pay for the cost of high rates, the 'tax' of which will be bunted to the consumer. Corporate welfare for them, socialist destruction for everyone else. The entire collapse is manufactured. It's artificial and purposeful destruction. A naked power grab and massive wealth transfer to the banks.

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[–] • 1 pt

Yes.

Nobody is this incompetent. Incompetence can explain a little but not the entire story. All these 'stupid' mistakes are only stupid when you think they are honest with their goals.