The Well Anchored Stupidity Of The Fed’s Inflation Targeting

The only thing that’s “well anchored” is the stupidity of the belief that inflation expectations matter.

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https://moneymaven.io/mishtalk/economics/stupidity-well-anchored-absurdity-of-inflation-expectations-in-graphic-form-1JrtMZw1P0KRq04hN5nV6A/