Signs indicate the 2021 – 2022 inflationary surge is cooling. But will there be a soft landing? A recession? What kind of narratives will emerge regarding the Federal Reserve’s policies over the last few years, and the efficacy of monetary policy?
To help answer these questions, AIER research faculty Peter C. Earle joins Kate Wand on this episode of Liberty Curious.
Earle thinks a more charitable version of the Fed’s handling of monetary policy over the last three years might emerge, resulting in less public skepticism about the limits of monetary policy. He expands on the negative consequences in, “Welcome the Disinflation, Beware the Narrative.”