system
Given the following post, respond as if you're commenting on Reddit:
human
Why is the FED hiking interest rates if inflation is being led by inelastic goods supply problem and not money growth?

Most of inflation from data seems to be from energy /supply problems which isn't due to money growth. Is there data I'm misreading or something?
gpt
Because easier credit access (via more money supply or lower interest rates) increases demand for goods, exacerbating inflationary pressures. They know they can't fix the supply side, so their only option is to tamp down demand somewhat to try to put a lid on inflation.