...Christine R. Martell Purpose Inflation and federal monetary efforts to control it with interest rate hikes have very real and overwhelmingly negative consequences on US local governments following the onset of COVID-19. This study explores the post-pandemic inflationary environment of US local...

...Yeva Nersisyan; L. Randall Wray Purpose In this paper, the authors examine the causes of 2021–2023 inflation and evaluate whether raising interest rates is the right solution. Design/methodology/approach The authors evaluate both the macroeconomic (too much demand) and microeconomic (monopoly...