I just watch his Big Vid on Jerome Paul leaving and it seems like he thinks higher inflation rates always lower inflation.
But this is only the case if you have demand side inflation, an overheating economy that needs to be colded down to prevent a wage cost spiral.
But this isnt the case rn, unemployment is high, consumer spending is low. Too high demand cant be the cause of the current inflation.
The appart causes are two fold on the one hand tariffs and on the other high energy prices. The first cant be stoped with higher rates and later aswell. Energy demand is extreme inellastic (as he himself admits in his shadow fleet video) so the FED cant bring that down by raising rates, worse it could even increase inflation because it prevents/makes it more expensive to build new energy supply like solar and wind.
That the current inflation cant be prevent with high rates can be seen with japans whose 2022 inflation spike has come down just like other countries while not realy increasing rates.
Given this dilemma in my opion lower rates would help the fight against inflation as in the current enviorment the demand increase wouldnt be inflationary, while the ease of increasing supply would help to get price down