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727

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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[–] • 3 pts

The only question is whether the common man will allow the system to die or if they will allow and even demand Soviet styled confiscations from their neighbors and price controls to feed themselves.

Anyone that tries to confiscate anything from me, my family, my neighbors, or my community--gets met with a very unfriendly welcoming party.