Massive supply chain disruptions during the COVID-19 pandemic have fed into inflation with long lags, say Robin Brooks, Peter R. Orszag, and William E. Murdock III.
I don’t think your article poses this as an either/or decision, but more pointing out how money supply wasn’t mentioned in other sources. There isn’t any analysis disproving the Brookings article from my read.
https://fortune.com/2024/08/02/fed-chair-jerome-powell-inflation-rollercoaster-money-supply-absent-economy-finance-politics/
So is it a supply chain issue or a monetary issue? Which experts to believe 😅
I don’t think your article poses this as an either/or decision, but more pointing out how money supply wasn’t mentioned in other sources. There isn’t any analysis disproving the Brookings article from my read.