The Capitalism and Freedom in the Twenty-First Century Podcast cover image

Monetary economics, the Taylor Rule, fiscal policy, and economic growth

The Capitalism and Freedom in the Twenty-First Century Podcast

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The Fed's Response to Inflation

The idea that the Fed needs to raise short-term interest rates more than one for one with inflation. Interest rates are as of this moment around 5%. I'm curious, what are your thoughts on that debate right now and where monetary policy currently is? Do you think the Fed has been too slow to respond to inflation that picked up in May of 2021.?

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