Awesome news.

No, I want a 0% Inflation target. I really don't know why we've come to think that any inflation/value theft is okay. Frankly, though the Fed says it has a 2% goal, I'm in favor of a -2% Inflation (2% deflation). We've tried the Keynesian way for decades and we're here. Cant hurt to try the Austrian way for a couple then reassess.

Told u so...

“The implication of that is that if you wait until inflation gets all the way down to 2%, you’ve probably waited too long, because the tightening that you’re doing, or the level of tightness that you have, is still having effects which will probably drive inflation below 2%,”

our monetary policy is a game of flappy bird with a blindfold on...crazy

The government’s a bunch of clowns. Fiat money doesn’t exist. The zeitgeist of fiat is a shared belief in a false apparition, an ignis fatuus. To trust fiat is to trust the whims of a will-o’-the-wisp.

1%, 2%, 3%…? It doesn’t matter. As long as there’s inflation the Cantillon Effect will continue to enrich the central bankers.