Richard D. Wolff

Framing this as a single policy lever misses most of it. Inflation here was driven by supply chains, energy and demand all at once, and the Fed owns the demand side, not the White House. What the administration can do is limited and slow. I read a longer take on https://the-nvcasinos-deutschland.de that broke down the actual tools available.

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The page returned a 403 so I couldn’t read the specific argument, but the general debate about what a president can do on inflation is worth engaging with. The honest answer is that the tools available are limited and indirect — monetary policy sits with the central bank, and fiscal measures take time to work through the economy. Supply-side factors (energy prices, supply chains) are largely outside domestic control. What a president can do is influence expectations, use strategic reserves, and adjust tariffs and trade policy, but these are modest levers against global inflationary pressures. The political temptation is to claim credit when inflation falls and blame external factors when it rises. There’s a discussion on https://lucky-dreamscasino.com about evaluating economic policy based on what’s actually controllable — the point about distinguishing influence from control was well-made. What was the article’s main argument?