Inflation = higher prices = higher earnings = higher stocks = higher dividends = higher salary = more money for everyone.
Fighting inflation means = lower prices = lower earnings = lower stocks = lower dividends = lower or even none salary = less money for everyone = people can't eat.
What is better bread that costs 100$ but u make 300k$ per month, or bread that costs 5$ but you don't have a job or if u have you earn 1$ per month.
Need some explanation on that subject, it seems to me letting inflation be will at best not matter and at worst fix itself without intervention (if inflation so bad and will cause job loss then the job loss itself will kill inflation)
This reminds me a bit what my teacher used to say some decades ago:
“This medicine will heal you in 3 days, without it you will heal in 72 hours”
(medicine = rate hike)
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