because the fed is targeting a 2% inflation rate. Laissez faire policy led to the Great Depression. The lesson there was the downs absolutely do not need to res

because the fed is targeting a 2% inflation rate. Laissez faire policy led to the Great Depression. The lesson there was the downs absolutely do not need to resolve on their own without government involvement and LF was abandoned. The reforms from it significantly contributed to the growth and stability from thereon.