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.
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.