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>Current debate about inflation isn’t really about whether it’s likely: it isn’t. No, inflation is guaranteed, in fact, a 3% yearly inflation rate is deliberat
by betwixthewires 6y ago
>Current debate about inflation isn’t really about whether it’s likely: it isn’t.
No, inflation is guaranteed, in fact, a 3% yearly inflation rate is deliberately targeted.
I'm sure the writer meant "hyperinflation", still, say what you mean, and beyond that, having read the rest of it, it is full of weasel words and uncited or unexplained premises. Further, it does not actually address any of the ideas that the title implies it is countering. I'm just going to say it: this is a shit tier article.
- jedharris 6y agoI'm sure the last few Fed chairs would like to know that they are guaranteed success in raising inflation! Now you just have to explain why they weren't even able to get it up to 2% even with a guarantee.