[REPLY] Stiglitz Says Raising Interest Rates Won't Fix Inflation Problem

 https://youtu.be/RHhWGI_d7b0

**[original post] 

not as high of an interest rate increases, sell more of the fed balance sheet. Interest rates create the incentive for the cash/money on the next dollar (the derivative) of profits.

[reply] great reset with what? Money in exchange for human rights? Selling balance sheet in lieu of tax increases to pay for the interest rate increase will become a national quagmire politically. Of contrast: the revenue (without other policy changes) would settle the fiscal policy; discrete policy making is here again. A monetary and governance reset would be the plan for the sake of taking human rights away from Americans (as intended by foreign goals.) Increasing taxes to reset the fiscal-interest rate balance would be the best longer term solution. How attainable politically is a good guess.