Louis-Philippe Rochon's articles

Inflation and the general ineffectiveness of monetary policy September 1, 2022

Inflation and the general ineffectiveness of monetary policy

There is no denying that inflation has become a major economic and political problem, reaching almost double digits in many industrialized countries. Canadians hear about it, and we certainly see it at the pumps and in the grocery stores, with many increasingly struggling to meet their weekly and monthly expenses. The fundamental question that we must ask now is what can our institutions do to bring inflation back down?