Zach WeinersmithStupid econ question:
So it looks like a lot of remaining inflation is rent. In that case, wouldn't you want to lower rates to increase home-building and home-ownership in order to reduce rent pricing?
Daniel Gibson@ZachWeinersmith
Who is "you" in that question, and are they even interested in reducing inflation?
Assuming "you" is your government/Fed (who else would be in the position to lower rates), isn't inflation good for them (as long as it's not hyper-inflation), because it reduces the value of the national debt and increases income from sales tax?