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stephaniekelton.bsky.social
•
75 days ago
Pretending we're "getting back to 2%" is silly.
https://open.substack.com/pub/stephaniekelton/p/two-percent-inflation-is-a-myth?r=nmaf&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
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ilhandogus.bsky.social
•
73 days ago
@lprochon.bsky.social wrote in his blog that there is no single scientific and empirical study to explain the choice of 2%.
https://medium.com/@monetarypolicyinstitute/about-that-2-inflation-target-6548bc370ce5
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lprochon.bsky.social
•
73 days ago
and here.
https://www.theguardian.com/commentisfree/2024/feb/01/the-damning-truth-about-the-uks-2-inflation-target-its-completely-made-up
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lakitukl.bsky.social
•
75 days ago
📌
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loumannheim87.bsky.social
•
75 days ago
Maybe I'm missing your point. But looking at the PCE chart, 2% doesnt seem all that unreasonable of a goal.
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https://medium.com/@monetarypolicyinstitute/about-that-2-inflation-target-6548bc370ce5