
Was MMT Wrong About Inflation? | Stephanie Kelton (The Deficit Myth)
Money & Macro Talks
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The Role of Government and Central Banks in Fighting Inflation
This chapter discusses the limitations of central banks in dealing with inflation and argues for a more active role of the government. It explores the challenges faced by the Federal Reserve in responding to inflation and examines the debate surrounding interest rate increases. The chapter also explores the complexity of understanding inflation and proposes a more sophisticated approach involving different agencies and methodologies.
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