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Comments by "Grim Affiliations" (@grimaffiliations3671) on "What the Fed Got Wrong on Inflation" video.
Inflation response should be targeted at the fiscal level, hiking interest rates is too broad and counterproductive to effectively fight inflation. Central banks can't do anything about rents, supply shocks, monopolies or price gouging yet they actually end up contributing to inflation through more expensive loans and more deficit spending
36
@glostergloster6945 if rents rise when interest rates rise that makes interest rate hikes an even dumber way to lower inflation. And no, interest rates wouldn't alleviate supply shocks, monopolies or price gouging
7
Governments should get back in the buffer stock game
1