Mainstream Economics Is Like a Barfight So Where Are You Standing?

Most economists agree that most of the time, both monetary and fiscal policies are the main drivers of ongoing inflation. But they might argue over which is more important. John Cochran: Current inflation has a very clear source. The government spent up about five trillion dollars and sent that as checks to peopleo,. Many of those people really needed the checks but a lot of people didn't. They overdid it, and a, that causes inflation.