Our readingWhat is a korrent?
Raising interest rates cannot meaningfully cool inflation when structural fiscal deficits, not private-sector lending, are its main driver.
Drawn from what Lyn Alden said
Our readingWhat is a korrent?
Drawn from what Lyn Alden said
Since inflation is not primarily driven by private-sector lending in the current environment, making borrowing more expensive will not significantly cool the economy.
Where this was said
↗Full Steam Ahead: All Aboard Fiscal Dominancelynalden.com
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Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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