![](https://i.imgur.com/CLvY2jA.png")
23-02-2023, 04:40 PM
Raising interest rates too quickly is like this....
When you run off the cliff ...you only realise too late.
![[Image: ufYlbq1.jpg]](https://i.imgur.com/ufYlbq1.jpg)
The Fed always use stale data like CPI and PPI that lag for months that is how they killed the economy in 31 out of 32 rate hike cycle.
Modern day we use real time data. Last CPI report ever show housing cost increase when in fact it has collapsed.
https://www.businesstimes.com.sg/propert...ggest-2008
When you run off the cliff ...you only realise too late.
The Fed always use stale data like CPI and PPI that lag for months that is how they killed the economy in 31 out of 32 rate hike cycle.
Modern day we use real time data. Last CPI report ever show housing cost increase when in fact it has collapsed.
https://www.businesstimes.com.sg/propert...ggest-2008
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
