I use Aristototelan causation in explain inflation thus. A supply chain disruption or a budget deficit is the Material Cause of inflation but the Fed with its monetary instruments is the Efficient Cause. The Final Cause is the Fed's inflation target. Formal Cause? I don't know maybe the inflation metric the Fed uses?
I use Aristototelan causation in explain inflation thus. A supply chain disruption or a budget deficit is the Material Cause of inflation but the Fed with its monetary instruments is the Efficient Cause. The Final Cause is the Fed's inflation target. Formal Cause? I don't know maybe the inflation metric the Fed uses?
I want to plug Apoligia pro Vita Sua again to you. :)