WHAT ARE THE INTEREST RATE HIKES ACCOMPLISHING?

 Jerome Powell and the feds want to tell us they are countering inflation with these interest rate hikes but all I see them doing is killing the stock market and the real estate market. Yes the price of everything is off the hook but have you seen the profits reported by major corporations? The problem is corporate greed not interest rates! Smaller quantities and higher prices equal higher profits! At least when interest rates were low an average working person could buy a house or a car at an affordable monthly payment. And prior to all these interest rate hikes an average person with a 401K had their net worth growing. Now these higher interest rates have put buying a home out of reach and the stock market is down 25%. Not to mention that anyone who is carrying a balance on credit cards is now probably struggling to make those payments too. These hikes are not helping the average person at all and in fact they're making things worse!! The problem is corporate greed not interest rates! And while I'm on this rant, they also need to stop subsidizing these industries! Do oil companies that are reporting profits in the billions really need my tax dollars in the form of subsidies? HELL NO!!!! I'll say it again for the folks in the back, the problem is greed not interest rates!