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If it's within 1% of target that's not "unanchored".
by Dylan16807 1y ago
If it's within 1% of target that's not "unanchored".
- MegaButts 1y ago3% is 50% more than 2%, so it's nowhere near being within 1% of the target. I'm not trying to be pedantic, but there is an enormous difference between 1% and 50%. https://xkcd.com/985/ https://xkcd.com/985/
- Dylan16807 1y agoIt was clear what I meant so yeah that's pedantry. Precision down to 1% of 2% of prices is impossible. If the target was no change in prices, we wouldn't say inflation is infinity percent off target every month.