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Why does the Fed has a mandate to make average consumer prices increase in the first place? What does the increase of CPI have to do anything with the growth of
by cyber_kinetist 5y ago
Why does the Fed has a mandate to make average consumer prices increase in the first place? What does the increase of CPI have to do anything with the growth of an economy? And why is the Fed including housing (which is not a consumer good) to calculate CPI?