Questionable assumptions, given the history of the same tactic being used and failing.

The fact is that in the USA, inflation has already happened and already leveled off. Prices are not currently increasing. If one compares month-over-month statistics. 2)

One sees big numbers only if one compared now with a year ago or two years ago.

But the Fed will tell you that they have to raise interest rates to fight inflation — and that may be the item now most responsible for more inflation -
3)

because if you push up the cost of borrowing, you push up the cost of manufacturing and of pretty much everything in the economy. 4)

But the Fed clearly thinks the solution is to raise rates, to depress consumer demand (which has already decreased) to increase unemployment, and to really damage the Middle and Working classes. 5)

Of course the wealthy are not affected.
Neither are contributions to the Democratic National Committee from the wealthy and the lobbies.
6)

If there were no Federal Reserve Bank (Though I would want to have FDIC insurance to protect people’s savings), the free market would have started to level out by now, and the economy would be growing, though slowly because of the Administration’s energy policies. 7)

Maybe those that want to get rid if the Fed are right." 8)