Do Keynesian economists accept that monetary policy is at lest useful in controlling the rate of inflation?
I often hear supporters of Keynesian economics say that monetary policy is useless.
but,
No one want's deflation or hyperinflation so do Keynesians agree that monetary policy should be used to control inflation?
Or do they know of
There is no dispute among economists, of whatever school of thought, that monetary policy is the most useful instrument for central banks to control inflation.
The debate is more about how inflation, defined as a general increase in the
"Fiscal discipline" "controlling inflation"
Govt cant able to control inflation, terrorism etc so they are limiting SMS just to tell-hey see we are controlling something... jai ho UPA
Volcker, not Reagan, was the real hero of the 80s. After controlling inflation, economy boomed. 
's NCRP is actually way of controlling our monthly budgets to counter ever increasing inflation @
*BoE's Broadbent: Controlling Inflation Harder When Real Economy Is More Volatile: BoE's Br... FXMatics.com