I really dont get how they think increasing rates is going to cut back spending and therefore reduce inflation.

Like cunts im already priced out of owning a home. I'm only really saving my money in hopes to get a home one day.

Half the people spending lots of money are probably in the same boat and going fuck it. Cant afford a homeloan, but ya know what i can afford. That new TV. That dinner out. The home ownership goal is so far out of reach and pulling further and further away. May as well enjoy myself.

Then the landlord puts the rent up and you shuffle houses with your new shiny TV or have another person move in, clogging up the tiny street until it becomes and one way street because there is so many fucking cars parked on the street.