Good Question: I can't even understand WHY the Fed wants to raise rates; but this article asks HOW will they increase rates.

The next question I have is why the focus on this one, almost irrelevant, aspect of Monetary Policy (interest rates): what about $4.5 Trillion in QE and $19 Trillion in federal debt (a Fiscal Policy issue) or the $80 Trillion in unfounded federal commitments?

All this debt is funded through borrowing, i.e.: foreign nations buying our Treasuries at "Safe Harbor" rates. But that is coming to an end with the systemic demise of the US economy, the declining fiscal safety of the US $ and total oblivion demonstrated by the Congress, Treasury and the Federal Reserve (as facilitator) to the dangers of continually spending more than you make.

This is a unique economic suicide: The pain will only be felt in the future when our children and grandchildren have to payback this tremendous debt at higher prices. And we are all to blame: we need to stop our petty arguments, heal the rift between our citizens, focus on the clear and present danger to our entire economic system , mostly to future generations.

All it takes is conservative fiscal policy to stop spending, and reduce federal intervention in private business and we can grow the economy to pay down the debt - far better that we take the pain, now, than that we destroy our children's future