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#1150 Mark Blyth - Inflation: A Guide for Users and Losers

The Dissenter

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Navigating Inflation: Interest Rates and Inequality

This chapter explores the mechanics of inflation control, focusing on the traditional method of raising interest rates during economic crises. It examines the historical evolution of central bank independence, the impacts on vulnerable populations, and the contentious relationship with government fiscal policy. The discussion also considers alternative approaches to managing inflation beyond interest rate adjustments, emphasizing the complexity of economic stability and inequality.

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