February 24, 2022
In the decade that followed the 2008 global financial crisis, some central banks overestimated the dangers of inflation and pursued unnecessarily tight monetary policies. In 2021, they fought the last war yet again, but this time by underestimating the risks of rising price pressures.
Frankel, Jeffrey A. "Fighting the Last Inflation War." Project Syndicate, February 24, 2022.