Yes, if central banks went earlier and harder, it would have knocked the wind out of inflation.
Central banks wanted a smoother return to "normal" (if that even exists) to avoid a hard landing recession.
Monetary policy is a sledgehammer approach - akin to killing off the patient and then attempting CPR to bring them back to life. Maybe there should be another option considered.
Yes, if central banks went earlier and harder, it would have...
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