Yes. If they raise rates they crash the economy, of they don't, inflation goes wild. Rock and a hard place.
I have heard that they will likely stay behind inflation rather than smash it with extreme rates as at least inflation is mainly an impact on the poor and middle class where as actually raising rates high enough to deal with inflation and resetting the economy would hurt the rich and, well, we don't want that.
But either way, it's getting ugly.
Chart - TA, page-2678
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