👉 Reflationary is a monetary policy tool used by central banks to counteract inflation. It involves increasing interest rates and reducing government spending to increase demand for goods and services, thereby stimulating economic growth. In the context of the U.S., this approach was implemented during the 1970s and 1980s as part of the Reagan administration's "QE" (Quantitative Easing) program. The goal was to stimulate the economy by increasing demand for goods and services,
