Anti-Production Monetary Policy

Contractionary policy is a useful tool to reduce inflation and cool an overheated economy, said Pouya Jabal-Ameli, an economist, in a write-up for the Persian economic daily Donya-e-Eqtesad. 
A translation of the text follows: 
Economists who advocate contractionary monetary policies are often being criticized by inflationists for ignoring production and economic growth.