Are We Providing More of a Boosh to the Economy?

The fed is trying to provide more stimulus in low inflation periods. But once you get back to a high inflation period, than the new framework is the old one. It just goes back to conducting monetory policy the way we did in the past. We have multi trillion dollars of fiscal stimulus and supply chains that were gummed up because of covid we have millions of missing workers relative to what we expected. Those are two wildly different scenarios. And while one might eventually concludeh you don't want to run an economy hot, at least for me, it's entirely premature to draw that conclusion right now. Ithink everybody always says that, everybody's always guilty of fighting the last war,