6min chapter

Forward Guidance cover image

Does The Fed Control The Dollar? | Jeff Snider & Joseph Wang

Forward Guidance

CHAPTER

Quantitative Easing and Fiscal Spending Drive Inflation

Joseph Stiglitz: What really drives inflation, in my view, and I agree with you, is fiscal spending. He says we are basically already maxed out the supply capacity of the system so Anything incrementally we add is going to is going to be inflationary. But he argues that there's a lot more supply potential available than previously thought.

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