I’m not talking about the present, historically the Fed has raised interest rates too slowly once the economy starts heating up and the markets flooded with money = over inflation, the worst case ever was back in the 80s when they really had to slam the breaks in the economy and we had interest rates fir mortgages at 15%
They even admitted now they are going to hold rates longer and hope for inflation because without it we are doomed.
The entire world economy is in shambles, if it wasn’t for the US Debt and taking out loans on the young people’s future .. well ... anyway we are in uncharted territory ands it’s going to be an interesting ride over the next decade...
Yeah, the 80's were about 30-40 years ago. You mind as well talk about the great depression or WWI/WWII. Don't forget there was a good side to the inflation of the 80's, it decreased the national debt. That's one way to pay it off, inflate it all away.