It won't. Everyone involved in business dealing with physical goods knows it's a supply side problem.
Fiscal policy will do little to control inflation at this time. The Fed of course knows this.
Last I checked there seemed to be some correlation between a country's money printing and current inflation rates. That's not to say that a protion of the current inflation rate is not due to supply consitrictions, but I certainly not assume that is the only factor.
2) swiss government regulates the price of healthcare
3) Switzerland uses significantly less fossil fuels and aren't as effected by the war in Ukraine
4) Switzerland passed multiple laws over the past few years to reduce the cost of goods, including banning foreign companies from charging Swiss citizens more
The CHF has gained steadily on the EUR since the pandemic and is up about 10% since a year ago. That alone is going to offset a lot of the inflation.
I'm not sure how the swiss handled the lockdowns, if it was more "open" (like the swedes did) or if they shut everything down, but here (in slovenia), we shut a bunch of businesses down (most of the service industry, most of the shops, etc.) and the government basically paid freshly printed EU money to all those people to stay at home on a "paid vacation" (80% of the paycheck they'd otherwise get), which was great for them (and made them not-protest), but on the other hand, a great middle finger to the rest of the people, and the consequences of all that printed money, that we see now.
Hardly. The parent reminded me of other issues affecting inflation in the U.S. - things I would chalk up to a sub-omptimal reglatory/legislative environment, which has made a mess over the decades of health care, housing, energy, social spending, and taxes. Congress is somewhat disfunctional, and can't agree on fiscal policies that might help in our current situation. That leaves only the fed to intervene, as best they can. That's not a supply problem.
Also, how could injecting 7 trillion dollars directly into the economy not have an effect on prices? Supply and demand were both affected by the U.S. pandemic response, not just supply as you asserted earlier.
Are you saying that the 7 trillion dollars of money given to small business owners and as stimulas checks had no affect on prices?
If demand drops then supply stops being a problem.
The Fed has no control over fiscal policy. You mean monetary?
SWEs probably don't need worry about remaining employed, but the days of salary wars will be over.