What if the Fed is fighting inflation with the wrong tools?
Yeva Nersisyan and L. Randall Wray examine the causes of rising prices and question the logic of responding with higher interest rates.
Read more at: tinyurl.com/levy-pn-1026
#InterestRates #MonetaryPolicy #Inflation
The Levy Economics Institute of Bard College, founded in 1986, is a nonprofit, nonpartisan public policy think tank.

