Absolute, pure, bullshit.

Inflation is ONLY monetary debasement.

Powell is talking about prices of goods going up as if that is the definition of inflation.

How is 2% THEFT good for people? Why not 3%? Or 10%? Wouldn’t more be better for the people?

🤡🌎 nostr:note1qjrmy287599n9m3w40dq82kfmc26k4pgsu9hy3k5tchy2tzqrgrq0h98pf

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Because at 2% they can hide the fact that they are stealing from people. At 10% people would tell them to eff off.

They have started with 2% in New Zealand long time ago and everyone else just adopted it as target numbers.... 😂 🤦‍♂️