Exactly. They have painted their selves into a stupid corner. If rates keep going up, or even stay high, the economy goes into collapse. Siri can you hear on phone if they keep flooding the economy with cheap money, inflation gets worse, and then we have a currency collapse. And high rates saved us when volker came into office during the Reagan era. But that was when we were the biggest creditor nation on earth. Now is the biggest debtor nation on earth, more right rises will destroy us. And that doesn’t even begin to fact around the world turning away from the petrodollar. We are well and truly screwed. And didn’t even get kissed.
In the heat of the night.