Friday, March 14, 2025
From a book chapter by Sylvio Kappes, Louis-Philippe Rochon, Guillaume Vallet:
“With the recent resurgence of inflation — which had been dormant for the better part of the last 3 decades — monetary policy has once again taken centre stage as the only possible policy solution to inflation or the only game in town. Fiscal policy was never considered, and there has been no mention of the possibility of using fiscal policy to fight inflation except in some heterodox circles. As such, the entire responsibility to fight inflation was laid at the feet of independent central banks.”
Posted by at 10:23 AM
Labels: Inclusive Growth
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