5min chapter

Odd Lots cover image

Isabella Weber on the Big Rethink of Inflation

Odd Lots

CHAPTER

How to Fight Inflation in a Seller's Market World

Sally Kohn: Traditional ways of fighting inflation play out in a seller's inflation world. She says the Fedhikes interest rates to curb demand and therefore prices start going down. But she argues that this is too blunt of a tool to deal with frequent, extremely sectoral shocks as I think they have become more likely. "I don't think we are prepared to actually achieve price stability with just relying on the central bank"

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