So how does reducing inflation and at the same time making people’s net worth go down and making companies lay off people help anything?

So if the Fed raises rates and make it harder for companies to grow they'll have to lay people off and people will struggle even more.

On top of that the stock market will crash reducing retirees available monies making it harder to get by.

On top of that people will have to pay more to borrow money or get a mortgage, but they will end up without jobs or reduced hours etc.

How is this logical?

I think George Carlin is right ….. “It's a BIG CLUB! ….. And you ain't in it!” …….