Really Bad Ideas, Part 5: The Fed Should Have – And Defend – An Inflation Target

Central banks in general and the Fed in particular are struggling to understand a world in which they’ve thrown everything they have at the economy without generating “beneficial” inflation. Their confusion can be traced back to some profoundly false assumptions. Here’s a good overview of the current debate: Fed ‘should defend’ inflation target or risk […]

The post Really Bad Ideas, Part 5: The Fed Should Have – And Defend – An Inflation Target appeared first on DollarCollapse.com.

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