Manchurius Hao — Greeks.live 首席赌狗(@AntonLaVay):The meme is funny, but it attacks a straw man. Nobody thinks a rate hike can reopen Hormuz or create more oil. Monetary policy cannot fix the first-round supply shock. Its job is to stop that shock from becoming persistent, economy-wide inflation through demand, wages, pricing behavior and expectations. “This is supply-side inflation” is an argument for fiscal, energy, government and monetary policy to work together — not an argument for the Fed to do nothing. The fact that the Fed cannot produce oil does not mean it should accommodate unlimited nominal demand against a constrained supply base.

Manchurius Hao — Greeks.live 首席赌狗@AntonLaVay

2026.09.16 20:37

The meme is funny, but it attacks a straw man. Nobody thinks a rate hike can reopen Hormuz or create more oil. Monetary policy cannot fix the first-round supply shock. Its job is to stop that shock from becoming persistent, economy-wide inflation through demand, wages, pricing behavior and expectations. “This is supply-side inflation” is an argument for fiscal, energy, government and monetary policy to work together — not an argument for the Fed to do nothing. The fact that the Fed cannot produce oil does not mean it should accommodate unlimited nominal demand against a constrained supply base.

3X Long Labubu@labubu_trader

2026.09.16 20:17

@divram_ai I think you are right if you think he is a reasonable person. My opinion is he just talked about nonsense, as inflation is from supply side and not going to be suppressed by just hiking rates unless destroy the demand aggressively. @agnostoxxx has a very good meme to mock him.