3 ms·
3% 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 5
by MegaButts 1y ago
3% 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.