5 ms·
If I had to read the subtext, I would say fiscal policy changes can target different price inflations. Demand side inflation is more affected by monetary policy
by thephyber 4y ago
If I had to read the subtext, I would say fiscal policy changes can target different price inflations. Demand side inflation is more affected by monetary policy. Supply side inflations are less so, hence other tools might be better at targeting them.
Baby formula inflation? Allow imports and authorize more venders.