Seeing lots of debate on whether the fed should let inflation run hotter than 2%. Almost like they’re trying to normalize the idea.
#inflation #economy #plebchain
Discussion
Did you know there’s no economics research or evidence about that 2% target. It’s just that in the 80’s New Zealand randomly decided that was a good number and choose it. Then New Zealand’s economy did well, so central banks around the world decided to make it their goal.
