RE: Are people prepared for increased interest rates? Or will central banks be forced to relax its intended rate hikes?

[mich.brmey]

Great explaining @fredrikaa however, my view on this and why this time it's different to the past, is that over the past 40 years we have seen a progressive downward reduction in interest rates from 20% to near 0%. Which has inflated everything from stocks to homes, and historically after every recession all the central banks have done is lower rates and increase the money supply to stimulate the economy (QE).