Who Pays for Inflation?
KPFA - Against the Grain
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The Orthodox Response to Inflation Is for Central Banks to Rake Interest Rates
The orthodox response to inflation is for central banks to raise interest rates and slow the economy. Why don't you think that such an approach will actually effectively slow inflation? I mean, what one is that er, the causes of inflation have nothing to do with slowing the economy. And they're trying to break the back of inflation so it doesn't spread or become permanent. That's why i said the lest yo this is, some parts of the left don't want to talk about inflation, cause they see it as a trap.
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