Please respond to the following Discussion Question with a 250-300-word posting. The posting should be relevant to the topic being discussed, but should also attempt to introduce a new point of view or piece of information or otherwise further the discussion. After submitting an initial post of your opinion on the discussion question, you are required to read other students responses and respond to their comments.

Discussion Question:

Compare and contrast the tools of monetary policy in terms of their relative usefulness to address the pandemic. What is the relationship between central bank independence and inflation?