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2024-10-30 11:57:18
The method governments use to fight inflation is with monetary policy. [Link] The Federal Reserve raised interest rates and that caused inflation to drop. [Link] It is commonly understood and reported that the Inflation Reduction Act did not help inflation. [Link]
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2024-10-30 20:29:52
Governments have TWO methods of fighting inflation: Monetary Policy and Fiscal Policy. [Link] The Inflation Reduction Act was a Fiscal Policy intended to suppress price increases (ie, inflation), not to reduce prices (ie, deflation). The Fed raising rates was Monetary Policy.
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