The Fed's Tools Are Ambiguous in the Context of Real World Narrative

The causes of inflation are wide and varied. Supply bottlenecks were a huge component of inflation. Monopolies also created some issues with industry concentration, amplifying all sorts of inflationary pressures. Human ingenuity is one of the most powerful resources that we have; uncertainty can be a fuel as we navigate new normals. Creativity and courage can shape uncertainty. Individual actions are what shape the world that we live in. We often discount ourselves. As I said earlier, we don't think about how the world reacts to us. Our technology is old and outdated. Our systems need to be upgraded. On a macro scale, this is where uncertainty comes in. If things break, can