Yes, pumping a trillion dollars into the private sector via interest rates (govt is a net payer of them), should definitely slow down inflation. Nothing like pumping $1T into the economy to slow it down. The loan trend should be downwards then, yes, even slightly so if hiking rates effected loans negatively. That is the Taylor Rule thesis correct?

Let's see how 1 year of rate hikes worked on our loan applications: https://ibb.co/64Srz64

https://twitter.com/patrick_saner/status/1628690771141328897?s=20

Rate hikes increase inflation, (esp w/ a high ratio of debt/gdp, interest rates are expansionary), put more money directly in the hands of loan writers. Who increase their income, just like a bond investor might invest in bonds, by writing more loans.

This is old-school economics, and it's just plain wrong, along with a whole other bunch of theories from the 90's. Economics' isn't a science, and even if it was, this wouldn't pass any litmus test.