The Federal Reserve Can’t Fix the Supply Chain Problem…Or Can They?

Photo by Walter Martin on Unsplash

Supply chains have been in shambles for the past couple of years. A recent talking point is that the Federal Reserve tightening monetary policy can’t fix supply chains. A tight monetary policy can’t produce more oil or other stuff, as the argument goes. The argument then states that we have an issue of supply and not an issue of demand…so the issue is on the supply “side”…