06-14-2021, 03:53 PM
(06-14-2021, 03:29 PM)fenders53 Wrote: [quote pid='26739' dateline='1623701480']
Why would fed try to should inflation?
Because economies blow up with unchecked inflation? I was young but the 1970's sucked. Certain economic statistics have to stay in a reasonable range or it's trouble before long. Inflation, unemployment and interest are among those important things.
[/quote]Yeah too much inflation is bad too but then fed isn't some evil force who wants to destroy economy or America. They would accept and act if their target is met. That's doesn't sound like a valid reason why fed deliberately would want to hide inflation.