The Fed’s 2% Inflation Target: The Ultimate Keynesian Con Job

The old adage that if something is repeated often enough it is soon assumed to be true couldn’t be more apt with respect to the Fed’s 2% inflation target. Today Bloomberg has a piece that does exactly that, describing how “Federal Reserve officials are hunting for new tactics to raise price increases to their target”  because “inflation is descending […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.