Macro Musings with David Beckworth cover image

Chris Hughes on the Legacy of Arthur Burns and its Implications for Macro Policy Today

Macro Musings with David Beckworth

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The Implications of Fiscal and Industrial Policy for Inflation

I think monetary policy is a critical, central, and really the primary tool that we have to combat inflation. But there are also many other tools that we have in fiscal policy and in industrial policy,. What I call market crafting can help relieve price pressures in the medium term if not the long term.

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