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GummyNerds 2y ago

What Is the Right Inflation Target for Central Banks?

"Thanks to institutionalized Keynesianism, economists are convinced that the Fed must trigger low-level inflation to keep the economy out of recession. Austrian economics exposes that dogma as nonsense."

https://mises.org/wire/what-right-inflation-target-central-banks

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GummyNerds 2y ago

"Thus, stabilization policy is destabilization policy, and the moderate position—which would bring about just the right amount of stability and dynamism—is to end the Federal Reserve and separate money and state."