[altcognito]

Why did the fed raise interest rates? To soak up some of that cash. It was too slow, but this is exactly the sound money policy that everyone expects. You loosen cash (what you mistakenly call printing money), when you need investment, and tighten cash when inflation and risk taking is out of control.

[llmslave]

a sound response to some of the worst fed decision making in US history. they essentially ruined the housing market, priced out a generation of younger buyers, which is now crushing fertility rates, savings, and more

[marssaxman]

Strict zoning ruined the housing market, and this is a multigenerational problem:

https://www.sciencedirect.com/science/article/abs/pii/S00941...

[altcognito]

* fertility rates have been dropping for a long time. While this article is focused on "it's not about the teens", it isn't tied to housing, or after covid: https://ifstudies.org/blog/the-us-fertility-decline-is-not-d...

* housing market was already quite bad before covid (see sibling comment)

* Savings rates have hovered around 5% for almost 25+ years - https://fred.stlouisfed.org/series/PSAVERT

[pempem]

Was it them that did that or employers freezing wages and losing R&D credits/facing tarrifs / wild instability?

[spiderfarmer]

It's almost like pandemics have consequences.