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There's also a much easier way to fix [monetary] inflation and that is fiscal - just raise taxes. Much quicker to propagate through the economy too. Just politi
by medvezhenok 4y ago
There's also a much easier way to fix [monetary] inflation and that is fiscal - just raise taxes. Much quicker to propagate through the economy too. Just politically challenging.
Right now fiscal is doing the exact opposite, i.e. giving people stimulus while FED raises rates.