The main and latest critique of economics - کامنت نیوز | تحلیل اقتصادی | کامنت نیوز | تحلیل اقتصادی
The main and latest critique of economics
شناسه خبر : 3686 | تاریخ انتشار : ۱۰ اردیبهشت ۱۴۰۰ - ۵:۳۰ | 422 بازدید

When monetary policy can not be neutral, it can be the main variable for price and product too

 

Economics says the effect of monetary policy is only inflation
So we have to wait for supply and demand to increase per capita income and supply and demand to reduce inflation!
There was something wrong with Friedman’s analysis
By applying an example of a monetary policy that sought to reduce interest rates
There was an increase in demand for raw materials
Not an increase in demand for final goods
And if the monetary policy given to producers was free
The final cost of the producers did not increase While increasing the price of raw materials.
So inflation did not form As production improved (through the nature of proper support).
The story of free monetary policy does not end here.
If this policy is defined as sustainable
In general, the same increase in raw material prices will not occur
Because proper and lasting protection replaces the market law in the production market and consequently in the product market.

 

 

 

Some related:

چه نهادی و چگونه می تواند در برابر بانک قد علم کند و چرا؟

آیا علم اقتصاد به ما کلک زد؟ Is economics a lier?

 

Economics says the effect of monetary policy is only inflation
So we have to wait for supply and demand to increase per capita income and supply and demand to reduce inflation!
There was something wrong with Friedman’s analysis
By applying an example of a monetary policy that sought to reduce interest rates
There was an increase in demand for raw materials
Not an increase in demand for final goods
And if the monetary policy given to producers was free
The final cost of the producers did not increase While increasing the price of raw materials.
So inflation did not form As production improved (through the nature of proper support).
The story of free monetary policy does not end here.
If this policy is defined as sustainable
In general, the same increase in raw material prices will not occur
Because proper and lasting protection replaces the market law in the production market and consequently in the product market.


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