Robert J. Barro
Robert J. Barro
Robert J. Barro, professor of economics at Harvard University, is a non-resident senior fellow at the American Enterprise Institute and a research associate at the National Bureau of Economic Research

While US monetary policy was too aggressive for too long, the likely culprit behind the surge in consumer prices was expansionary fiscal policy. It is worth remembering that aggressive monetary policy also followed the Great Recession but did not create a rise in inflation.

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United States