The Federal Reserve asserts that 2% inflation is economic Nirvana. The Fed believes 2% percent inflation over the “long term” will create optimal conditions for employment and economic growth. Evidence that 2% inflation is indeed a key component of sustainable prosperity? None is offered by the geniuses at the Fed.
The Federal Reserves 2% inflation target
| Source: | Murray's Newsletter |
| Published: | Feb 1, 2023 |
| Author: | Murray Sabrin |
| Post Date: | 2023-02-01 16:51:11 by Charles_Byrd |
| Views: | 221 |