ฝัง
- เผยแพร่เมื่อ 13 ม.ค. 2025
- Chapter Two: Is the Fed’s Slow Response Making Inflation Worse?
Traditional economic theory would have the Federal Reserve raise interest rates to lower inflation, which is likely to prompt a recession. However, John Cochrane explains, the application of the fiscal theory of inflation may be able to reduce inflation without causing a recession. Cochrane also discusses whether inflation works as a stable or unstable system.
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Click below to watch the other videos in this series.
Chapter 1: • Chapter 1: Fiscal Poli...
Chapter 2: • Chapter 2: Fiscal Poli...
Chapter 3: • Chapter 3: Fiscal Poli...
Additional resources:
Read “Fiscal Histories,” by John Cochrane. Available here. static1.square....
Listen to “What ‘Is’ Is: John Cochrane on Recessions, Inflation, the Fed, Debt and ‘Green Pork,’” with Bill Whalen and John Cochrane. Available here. www.hoover.org....
Read “Inflation and Monetary Policy,” via Policy Insights by PolicyEd. Available here. www.policyed.o....
Read “The ‘Shrink the Economy’ Act,” by David Henderson. Available here. www.hoover.org....
Read “It’s Time to Get Back to Rules-Based Monetary Policy,” by John Taylor. Available here. www.hoover.org....
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What about the fact that maybe the natural rate of interest changed, i.e. the place where the seal ought to be standing in order to keep inflation stable?
Vel, this is how engineering Does it - th-cam.com/video/n_6p-1J551Y/w-d-xo.html
Or maybe inflation is due to increasing money supply. Duh
Money supply doesn't increase by itself...money supply goes up when the government spends money...making inflation still a fiscal phenomenon. Duh...