If the Fed cared about the poor, they'd raise rates to 15%. A plumber making 50k a year would do a lot better with rock-bottom prices. Cheap debt almost exclusively helps the rich and asset holders. If you can't fight them, join them. That's all it is

Lol, you must be an idiot then and not a good programmer. Obviously all the data processing Tesla does for self driving is tech, and at the forefront of tech in general. I don’t even like Tesla, but saying it’s not a tech company doesn’t make any sense when they invented so much for ai

According to who? Literally anyone working in tech would consider them tech companies

Paying back debt is deflationatory and everyone has lots to pay back whether it’s the government, companies, or households. There’s more pent up deflation than inflation. Eventually the interest rates will be felt, it just takes a while. The debt market is huge, and it can’t sustain high rates for an extended time. The economists might be wrong, but there’s a reason most think we’ll see it come down. A good chunk of the inflation was due to one off stimulus while the deflation has been building for 40 years because of globalization