Exactly: monetary and fiscal policy need to work together to bring down inflation. It's depressing that we're so defeated by seemingly endless congressional dysfunction that the idea that fiscal policy is even an option is beyond our comprehension.

It's unfortunate, too, because fiscal policy can be surgically precise, unlike monetary policy. If you were trying to assassinate inflation, monetary policy would be like carpet bombing the city where inflation lives, instead of fiscal policy sending in Seal Team 6 to inflation's home address.