Posted 5/22/2026 11:12 (#11653796 - in reply to #11653712) Subject: RE: variable rate loans vs fixed rate
Nice post, John. Ultimately, the Fed does backstop utter destruction of the whole banking sector - at the cost of inflation running higher. The medicine, as Deere6 points out, is to stop the politicians from running ever increasing deficit spending. The Fed cannot fix that, so they balance and sometime have no good options.
Fighting inflation
