Is There a Need to Normalize Monetary Policy?

Inflationary bursts like weare seeing now have not been very common, going all the way back to the 19 seventies. And there is a need to normalize monetary policy, but then i think they can do it. I don't believe our society has ever had a tolerance for am deflation. As we've seen in japan, and i think we're living through in earlier innings in america and in the european union. Am, there's no easy way out of it. There's no pain free way out ofIt.