Explainer: The Fed wants ideas on how to target inflation

Why doesn't the Fed learn how to create inflation from the Central Bank of Venezuela? They are the experts as it is running at the rate of million per cent per year in VE.
 
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zdreg said:
what a crock of nonsense! what planet are you living on if you don't believe inflation is above 2% per annum? Either the government is lying about inflation or is incompetent how to measure inflation.
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Put TV's into the equation here, cause TV's getting cheaper and we all buy 1 or 2 in our weekly shop, so makes perfect sense, so yeah it's being faked.
 
zdreg said:
Why doesn't the Fed learn how to create inflation from the Central Bank of Venezuela? They are the experts as it is running at the rate of million per cent per year in VE.
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Suddenly Public debt becomes worthless and saving, but as debt out strips saving, everyone as long as wages increase with inflation is pretty much debt free.

I expected this in 2008, bailing them out :(
 
For starters having a positive inflation target is absurd. They should, at the highest, have a target of zero inflation.
 
Turveyd said:
Suddenly Public debt becomes worthless and saving, but as debt out strips saving, everyone as long as wages increase with inflation is pretty much debt free.

I expected this in 2008, bailing them out :(
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I haven't heard from you in a longtime. Good to hear from you.
 
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