Another name for supply chain issue is China's zero Covid policy. How do you think US government can help with it?
It’s not only china zero covid policy. For example , there’s a huge worker shortage in industries like airlines and hospitality. That’s a supply shortage too.
We should do everything we can to fix supply issues. The sooner we do, the better.
But in the meantime , demand has to adjust. Either we do it via monetary policy and any other levers, or inflation will do the job for us.