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Comments by "DrScopeify" (@drscopeify) on "Despite Canada's prospects for a soft landing, it has resumed rate hikes: KPMG's Diane Swonk" video.
Moderate inflation is good for the US economy it helps to erase and remove old wealth which has to accelerate rapidly in coming years, sending people back in to the work force which is essential to the new economy, and cushion the blow of de-globalization. The US imports from China have a large change coming in the next few months and years and inflation will become normalized so it is good to prepare the US economy for the new world. Keep in mind that China has made the call to split from the west and there is no visit of Blinked or Biden to China and no paper work signed that will change this. The current goal of China is to have control over the rate of decouple and the US should have the intensify the rate ever faster to trip up China.
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