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Those directing US economic policy during the pandemic even from the start were careless about the inflationary consequences of their chosen path. This does not mean that they aimed for severe inflation. But they decided on a policy which inevitably increased the danger of high inflation occurring even if that was not their central expectation. Hence, the epithet of inflation-monger.

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The Inflation-Mongers Say “Transitory”

  • 章节

  • 发表日期：

    2025年

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  • Brendan Brown,
  • Philippe Simonnot

摘要

Those directing US economic policy during the pandemic even from the start were careless about the inflationary consequences of their chosen path. This does not mean that they aimed for severe inflation. But they decided on a policy which inevitably increased the danger of high inflation occurring even if that was not their central expectation. Hence, the epithet of inflation-monger.