

Raising Interest Rates is a bad way to stop inflation


Nobody likes inflation, and it's been rising for the past year or so. Here is a graph of the consumer price index (CPI) for the past 20 years: This has obviously caused economic hardships for many people who don't have any discretionary income, and even for those that do, they don't like having to pay more for just about everything. There are things the government could do to address inflation, but