https://www.youtube.com/watch?v=zDD6HKTiHr0 ==============>THIS COMMENT WAS DELETED. The inflation rate has NOTHING to do with THE INCREASE IN INTEREST RATES, but everything to do with LESS SUPPLY regarding DEMAND. Interest go up, traditionally, when the economy is OVERHEATING: that is NOT the case THIS TIME. When the Federal Reserve increase their interest rate, other countries have to do so otherwise their currency will take a hit. WHAT IS THE "REAL" REASON interest rates go up: TO KEEP THE U.S. $ FROM FALLING: it's "working" as a short-term strategy. See: US DOLLAR INDEX https://www.marketwatch.com/investing/index/dxy The idea - at play here - is TO BUY TIME until the economy turns around. THE PROBLEM IS THE ECONOMY WILL BE CONTRACTING over "at least" the coming 2 decades outside the Commonwealth of Independent States lead by Russia + China. By the way, China's "secret" to SUCCESS is that it's acting as A WORLD DEVELOPMENT BANK having MORE MONEY TO INVEST ABROAD - by the day: it's THE ONLY COUNTRY IN THIS POSITION besides a few Muslim rich countries that prefer to invest in Muslim countries. Ken, Toronto, CANADA